The asset account,Office Supplies,had a beginning balance of $3,800.During the accounting period,office supplies were purchased,on account,for $2,500.Supplies Expense for the accounting period is $4,000.What is the ending balance of Office Supplies?
A)$6,300
B)$2,300
C)$4,000
D)$5,300

Question

Quizplus · Accepted Answer

Office Supplies:
 11ea86d6_825f_a1a7_92b6_f392880b6d26_TB2804_00

The Asset Account,Office Supplies,had a Beginning Balance of $3,800