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Wesley Foundation Had $27,000 in Supplies Inventory at the Beginning

Question 109

Multiple Choice

Wesley Foundation had $27,000 in supplies inventory at the beginning of the year. The company purchased $50,000 in supplies throughout the year and used $60,000. What is the ending balance in the supplies inventory?


A) $37,000
B) $10,000
C) $33,000
D) $17,000

Correct Answer:

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