On January 1, 2018, the general ledger of World Corporation included supplies of $2,000. During...
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Accounting
On January 1, 2018, the general ledger of World Corporation included supplies of $2,000. During 2018, $6,000 of supplies were purchased. A physical count at December 31, 2018, determined that the remaining amount of supplies on hand was $1,700. How much is supplies expense for the year 2018? Group of answer choices $6,300 $6,000 $1,700 $2,000
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