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The supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representing the total

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The supplies account had a balance of $4,400 at the beginning of the year and was debited during the year for $2,400, representing the total of supplies purchased during the year. If $400 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 $400 $2,000 $6,800 $6,400

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