Comments on: A company had no office supplies available at the beginning of the year. ? http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/ Thu, 17 May 2012 21:40:47 +0000 http://wordpress.org/?v=2.7 hourly 1 By: capwest5a http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/comment-page-1/#comment-471 capwest5a Wed, 18 Feb 2009 08:25:14 +0000 http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/#comment-471 The company only used $175 worth of the $250 office supplies purchased during the year. $175 is Office Supplies Expense for the year. The remaining $75 of office supplies is carried over to the next year as an asset. The company only used $175 worth of the $250 office supplies purchased during the year.

$175 is Office Supplies Expense for the year.

The remaining $75 of office supplies is carried over to the next year as an asset.

]]> By: tallbrian1000 http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/comment-page-1/#comment-470 tallbrian1000 Tue, 17 Feb 2009 00:50:29 +0000 http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/#comment-470 $250 expense, the amount spent. $250 expense, the amount spent.

]]> By: stkchk4 http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/comment-page-1/#comment-469 stkchk4 Sun, 15 Feb 2009 13:11:42 +0000 http://www.proofficesupply.com/blog/a-company-had-no-office-supplies-available-at-the-beginning-of-the-year/#comment-469 $250. Even if $75 remained, the money has already been spent and the company has that $75 worth of supplies as inventory. $250. Even if $75 remained, the money has already been spent and the company has that $75 worth of supplies as inventory.

]]>