Hoffman, Incorporated adjusts its books each month but closes its books at the end of the...

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Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The company's unadjusted trial balance at March 31 is as follows: Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense Totals Debit $ Credit 10,920 9,620 1,300 3,120 26,000 $ 10,400 6,500 5,200 23,400 1,560 16,510 7,800 390 1,300 $ $ 62,010 62,010 At March 31, the amount of supplies on hand is $520. What amount is reported in the March income statement for supplies expense? Hoffman, Incorporated adjusts its books each month but closes its books at the end of the year. The company's unadjusted trial balance at March 31 is as follows: Cash Accounts Receivable Supplies Prepaid Insurance Equipment Accumulated Depreciation: Equipment Unearned Service Revenue Capital Stock Retained Earnings Dividends Service Revenue Earned Salaries Expense Utilities Expense Rent Expense Totals Debit $ Credit 10,920 9,620 1,300 3,120 26,000 $ 10,400 6,500 5,200 23,400 1,560 16,510 7,800 390 1,300 $ $ 62,010 62,010 At March 31, the amount of supplies on hand is $520. What amount is reported in the March income statement for supplies expense?