The asset account, Office Supplies had a beginning balance of $ 6 comma 000$6,000. During the accounting period, office supplies were purchased, on account, for $ 5 comma 000$5,000. A physical count, on the last day of the accounting period, shows $ 2 comma 100$2,100 of office supplies on hand. What is the amount of Supplies Expense for the accounting period?
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Home » Business » The asset account, Office Supplies had a beginning balance of $ 6 comma 000$6,000. During the accounting period, office supplies were purchased, on account, for $ 5 comma 000$5,000.