A sporting goods chain purchased supplies at a cost of $11,000 during the year. At January 1,

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A sporting goods chain purchased supplies at a cost of $11,000 during the year. At January 1, the beginning balance in the supplies account was $3,000. At December 31, supplies on hand are $800. Determine supplies expense for the year.

a.$ 3,000

b.$13,200

c.$11,000

d. $11,800

Related Book For answer-question

College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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Posted Date: Jan 19, 2021 02:14 PM

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A sporting goods chain purchased supplies at a cost of $11,000 during the year. At January 1,

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College Mathematics for Business Economics Life Sciences and Social Sciences

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