The supplies account had a balance of $872 at the beginning of the year and was debited during the year for $3,061, representing the total of supplies purchased during the year. If $2,666 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. $2,666 b. $3,933 & $5,727 O d. $1,267

The supolies account had a balance of $922 at the beginning of the vear and was deblted during the year for 33,06t, repreienting the total of supplies purchased during the veac, II 32,666 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 b. 51933 c. 35,227 4 51267