A company had no office supplies at the beginning of the year. During the year,
ID: 2628742 • Letter: A
Question
A company had no office supplies at the beginning of the year. During the year, the company purchased $440 worth of office supplies. On December 31, $170 worth of office supplies remained. How much should the company report as office supplies expense for the year?
A company had no office supplies at the beginning of the year. During the year, the company purchased $440 worth of office supplies. On December 31, $170 worth of office supplies remained. How much should the company report as office supplies expense for the year?
Explanation / Answer
440-170 =270