Question
The supplies account had a balance of $4,371 at the beginning of the year and was debited during the year for $2,407, representing the total
The supplies account had a balance of $4,371 at the beginning of the year and was debited during the year for $2,407, representing the total of supplies purchased during the year. If $317 of supplies are on hand at the end of the year, the supplies expense to be reported on the income statement for the year is
- a. $6,461
- b. $6,778
- c. $2,724
- d. $317
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Integrated Accounting
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
8th edition
1285462726, 1285462721, 978-1285462721
