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The following information is available for Able Company's Office Supplies account. Beginning balance 1/1 $1,000 Office Supplies expense in income statement for year ending 31/12
The following information is available for Able Company's Office Supplies account.
Beginning balance 1/1 | $1,000 |
Office Supplies expense in income statement for year ending 31/12 | $8,000 |
Ending balance of supplies as at 31/12 | $3,000 |
From the above information, calculate the amount of office supplies purchased during the year?
Select one:
a. $2,000
b. $8,000
c. $9,000
d. $10,000
please answer this question asap
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