On January 1,2019,the General Ledger of Global Corporation Included Supplies

question 120

Multiple Choice

On January 1,2019,the general ledger of Global Corporation included supplies of $1,000.During 2019,supplies purchased amounted to $5,000.A physical count of inventory on hand at December 31,2019 determined that the amount of supplies on hand was $1,200.How much is the supplies expense for year 2019?

• A)$6,000.
• B)$5,200.
• C)$4,800.
• D)$1,000.

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Definitions:

Defense Mechanism

Psychological strategies unconsciously used to protect oneself from anxiety or unacceptable thoughts and feelings.

Reaction Formation

A psychological defense mechanism where an individual unconsciously replaces unacceptable thoughts or feelings with their opposites.

Aggressive Impulses

Instinctual drives that lead individuals to act or react in a forceful or hostile manner.

Neo-Freudian

Psychologists who accepted the basic concepts of Freud's theory but modified and expanded upon them to include social and cultural aspects.