The office supplies account began a year with a 235 debit


How to calculate:

The Office Supplies account began a year with a $235 debit balance; the income statement for the year showed $475 of Office Supplies Expense; and the year-end balance sheet showed Office Supplies at $225. Consequently, if all supplies were accounted for, $________ of office supplies must have been purchased during the year.

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Accounting Basics: The office supplies account began a year with a 235 debit
Reference No:- TGS02564211

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