Frank Corporation purchased supplies at a cost of $15,000 during 2015.At January 1, 2015, supplies on hand were $2,000.At December 31, 2015, supplies on hand are $2,500.Calculate supplies expense for 2015.
A) $ 15,500
B) $ 14,500
C) $ 15,000
D) $ 17,000
Correct Answer:
Verified
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