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11 December, 19:50

AllTech Corporation had a balance of $ 2,400 in Prepaid Supplies at the beginning of the year. The company purchased $ 1,200 of supplies during the year. At year end, Prepaid Supplies had a balance of $ 2,500. What is the amount of Supplies Expense that AllTech Corporation will recognize for the year?

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  1. 11 December, 22:55
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    What is the amount of Supplies Expense that AllTech Corporation will recognize for the year?

    $2500

    Explanation:

    Beginning 2400

    Purchased 1200

    Total 3600

    expense 1100

    ending 2500
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