QUESTION 8 2 points Save Answer At the end of last year, the count of supplies on hand was $1,000. During the current year, office supplies amounting to $1,500 were purchased. At the end of the current year, there are $500 of supplies remaining. What is the amount of supplies expense to be recorded for the year? a $2,500 b. $2,000 C $1,500 d. $500 QUESTION 9 2 points Save Answer The cost of a fixed asset purchase is a. The depreciation expense charges are not tax deductible b. always not tax deductible sometimes tax deductible tax deductible