Hank's Tax Planning Service has a beginning balance in the Supplies account of $800.During the current month,he purchased an additional $2,000 of supplies.At the end of the month,he had $250 of supplies left.The amount of supply expense to be recorded for the month is:
A) $1,750.
B) $2,000.
C) $250.
D) $2,550.

Question

Quizplus · Accepted Answer

D) Calculations: $800 + $2,000 - $250 = $2,550

Hank's Tax Planning Service Has a Beginning Balance in the Supplies