A company started the year with $300 of supplies.During the year the company purchased additional supplies costing $1,300.There were $1,100 of supplies on hand at the end of the year.An adjusted trial balance,prepared at the end of the accounting period,will show the following balance in Supplies Expense:
A) $800.
B) $1,100.
C) $500.
D) $1,300.
Correct Answer:
Verified
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