A Company Started the Year with No Supplies

question 146

Multiple Choice

A company started the year with no supplies. During this year they bought $230 worth of supplies on account and later paid $150 of this debt. If there were $20 supplies left at the end of this year, what was the supply expense for the period?

• A)$210
• B)$80
• C)$20
• D)$60

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Definitions:

Developmental

Relating to the systematic changes and continuities in the individual that occur between conception and death, including physical, cognitive, and social-emotional growth.

Fundamental

Relating to the most basic, essential or central aspects of something.

Luthans And Avolio's

Refers to researchers Fred Luthans and Bruce J. Avolio, known for their work in positive organizational behavior and authentic leadership.

Compassion

A deep awareness of and sympathy for another's suffering, combined with a desire to alleviate that suffering.