Determine supplies expense
Question:On January 1, the supplies account balance was $1,035. During January, supplies of $2,325 were purchased, and $786 of supplies were on hand as of January 31. Determine supplies expense for January.
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Supplies of $2,325 were purchased, and $786 of supplies were on hand as of January 31. Determine supplies expense for January.
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Prepare a four-column account for supplies. Enter a debit balance of $975 as pf February 1, 2012. Place a check mark (() in the Posting Reference column.
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