Republic Corporation purchased supplies at a cost of $12,215 during 2012. At January 1, 2012, supplies on hand were $10,312. During the year, the company used $14,000 of supplies. Republic accounting year ends on December 31.

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The Answer of Republic Corporation purchased supplies at a cost of $12,215 during 2012. At January 1, 2012, supplies on hand were $10,312. During the year, the company used $14,000 of supplies. Republic accounting year ends on December 31.

Republic Corporation Purchased Supplies at a Cost of $12,215 During