ABC Company purchased office supplies on account during the month of April for $2,600?
Posted October 1st, 2009 by admin 1 Comment »
Sirius asked:
ABC Company purchased office supplies on account during the month of April for $2,600. Payment for the supplies will be made in May. On April 1, the supplies account had a balance of $350. On April 30, supplies on hand amounted to $140. What was the amount of supplies used during April?
ABC Company purchased office supplies on account during the month of April for $2,600. Payment for the supplies will be made in May. On April 1, the supplies account had a balance of $350. On April 30, supplies on hand amounted to $140. What was the amount of supplies used during April?
a. $2,810
b. $2,600
c. $2,460
d. $350
e. $210