Answered

Join IDNLearn.com and start getting the answers you've been searching for. Our platform provides detailed and accurate responses from experts, helping you navigate any topic with confidence.

A company's Office Supplies account shows a beginning balance of $780 and an ending balance of $760. If office supplies expense for the year is $4,000, what amount of office supplies was purchased during the period

Sagot :

The answer is $3880.

Given, that the Office Supplies account beginning balance = $780

the Office Supplies account ending balance = $760

office supplies expense for the year = $4,000

office supplies purchased during the period will be calculated as :

Particulars                                                                          Amount (in $)

office supplies expense for the year                                      4000

Add: Office Supplies account ending balance                       760

Less: Office Supplies account beginning balance                (780)

office supplies purchased during the period                       3880

Hence, the amount of office supplies purchased during the period for the given case is $3880.

Learn more about Supplies Account:

https://brainly.com/question/17127401

#SPJ4

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Discover insightful answers at IDNLearn.com. We appreciate your visit and look forward to assisting you again.