Your Corporation started the accounting period with $200 in supplies . During the period the...
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Accounting
Your Corporation started the accounting period with $200 in supplies . During the period the company purchased $900 of supplies and debited prepaid supplies. At the end of the accounting period there was $700 of supplies on hand . What is the supplies expense for the period?
A. $900
B. $500
C. $200
D. $400
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