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Given the Following Data, What Is the Amount in the Supplies

Question 50

Multiple Choice

Given the following data, what is the amount in the supplies account to be shown as an asset on the balance sheet at the end of the period? Given the following data, what is the amount in the supplies account to be shown as an asset on the balance sheet at the end of the period? A) $350 B) $550 C) $375 D) $425


A) $350
B) $550
C) $375
D) $425

Correct Answer:

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