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Frank Corporation purchased supplies at a cost of $15,000 during 2015. At January 1, 2015,...

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Accounting

Frank Corporation purchased supplies at a cost of $15,000 during 2015. At January 1, 2015, supplies on hand were $2,000. At December 31, 2015, supplies on hand are $2,500. Calculate supplies expense for 2015.

A. $15,000

B. $14,500

C. $15,500

D. $17,000

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