The Following Information Is Available for Able Company's Office Supplies

question 13

Multiple Choice

The following information is available for Able Company's Office supplies account. $$\begin{array} { | l | l | } \hline \text { Beginning balance } & \$ 1600 \\\hline \text { Office supplies expensed } & 7000 \\\hline \text { Ending balance } & 4000 \\\hline\end{array}$$ From the above information,calculate the amount of office supplies purchased.

• A)$9400
• B)$1600
• C)$4000
• D)$7000

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Definitions:

Design Defect

A flaw in the planned or intended design of a product that results in an unsafe or ineffective product.

Alternative Design

A variant or different approach to the design of a product, structure, or system that may offer benefits over the original design.

Running Shoes

Footwear specifically designed for the purpose of jogging or running, focusing on comfort, support, and performance.

Ineffective Marketing Plan

A strategy for promoting and selling products or services that fails to achieve its intended sales or market share goals.