At March 1, 2014, Candy Inc. had supplies on hand of $1,500. During the month, Candy purchased supplies of $2,900 and used supplies of $2,800. The March 31 balance sheet should report what balance in the supplies account?
A) $1,500
B) $1,600
C) $2,800
D) $2,900
Correct Answer:
Verified
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