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Chattahoochee Excursions, a Calendar Year Company, Purchased Supplies at a Cost

Question 178

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Chattahoochee Excursions, a calendar year company, purchased supplies at a cost of $12,215 during 2013. At January 1, 2013, supplies on hand were $10,312. During the year, the company used $14,000 of supplies.
Chattahoochee Excursions, a calendar year company, purchased supplies at a cost of $12,215 during 2013. At January 1, 2013, supplies on hand were $10,312. During the year, the company used $14,000 of supplies.

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