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The Don't Bite Me Pest Control Company has 11,000 gallons of insecticide supplies on hand that cost $330,000; a bill from the vendor for $200,000
The Don't Bite Me Pest Control Company has 11,000 gallons of insecticide supplies on hand that cost $330,000; a bill from the vendor for $200,000 of these supplies has not yet been paid. The company expects to earn $810,000 for its services when it uses the insecticide supplies. The company's balance sheet would include an asset, Supplies, in the amount of O $810,000. $11,000 O $330,000 o $130,000
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