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The supplies account had a bolance of $4,162 at the beginning of the year and was debited during the year for $2,382, representing the total
The supplies account had a bolance of $4,162 at the beginning of the year and was debited during the year for $2,382, representing the total of suppies purchased during the year. If $378 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. $2.760 b. $378 c. 56,544 d. 56,166
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