If the Balance of Supplies on Hand Account at the End

question 139

Multiple Choice

If the balance of supplies on hand account at the end of the period was $550 and you counted $250 on hand, the amount for the adjustment for Supplies expense would be

• A) $300.
• B) $800.
• C) $250.
• D) $550.

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Definitions:

Procurement

The process of obtaining goods or services, often used in the context of supply chain management in business, healthcare, or government.

Ablative

Relating to a treatment that removes or destroys tissue, often used in reference to surgical procedures and some forms of therapy.

Nasogastric Tube

A medical device inserted through the nose into the stomach, used for feeding or removing substances from the stomach.

Gastric Suction

A medical procedure that involves the removal of gastric contents through a tube inserted into the stomach.