Question: When should supplies be recorded as an expense? Multiple Choice In the period the supplies are purchased, regardless of when cash is paid. In the

When should supplies be recorded as an expense?
Multiple Choice
In the period the supplies are purchased, regardless of when cash is paid.
In the period cash is paid for the supplies, regardless of when the supplies were received.
In the period the supplies are sold, regardless of when they were received.
In the period the supplies are used, regardless of when they were purchased.

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