Question: Multiple Select Question Select all that apply Which of the following statements are accurate regarding supplies? Unused supplies are treated as assets. When supplies are
Multiple Select Question Select all that apply Which of the following statements are accurate regarding supplies? Unused supplies are treated as assets. When supplies are purchased, they are added to the Supplies account. Unused supplies are treated as expenses. Unused supplies can be recorded as Store Supplies, Office Supplies or Supplies. Supplies is considered a liability account. " Supplies are assets until they are used
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