Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive /  The table below represents Able Company's supplies account

 The table below represents Able Company's supplies account

Accounting

 The table below represents Able Company's supplies account. Please supply the missing amount 
Beginning supplies 5,00C Supplies purchased 6,00C Supplies expense 8,00C Ending supplies 
A) $9,000 B) $1,000 C) $3,000 D) $11,000 
 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

 

C )

Computation of Ending Supplies:

Ending Supplies = Supplies Purchased + Beginning Supplies - Supplies Expenses

= $6,000+$5,000-$8,000

Ending Supplies = $3,000