If $2,500 worth of supplies were purchased during the month, and supplies of $350 are on hand at the end of the month, how much is supplies expense for the month?
  1. $2,850
  2. $2,150
  3. $2,500
  4. $350
Explanation
Answer: B- If $2,500 worth of supplies were purchased during the month, and supplies of $350 are on hand at the end of the month, supplies expense for the month is $2,150.00
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