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Zang Company had no office supplies on hand at the beginning of the year. During the year, the company purchased $250 worth of office supplies.
Zang Company had no office supplies on hand at the beginning of the year. During the year, the company purchased $250 worth of office supplies. At the end of the year, $50 worth of office supplies were on hand. How much should Zang Company report as office supplies expense for the year?
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