A Company Started the Year with $400 of Supplies

question 101

Multiple Choice

A company started the year with $400 of supplies.During the year the company purchased additional supplies costing $1,600.There were $800 of supplies on hand at the end of the year.An adjusted trial balance prepared at the end of the accounting period will show the following balance in Supplies Expense:

• A)$600.
• B)$800.
• C)$1,200.
• D)$1,600.

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Definitions:

Connective Tissue

A type of tissue in the body that supports, binds together, and protects organs, consisting of cells embedded in an extracellular matrix.

Integumentary System

The body’s covering, including the skin and its nails, glands, hair, and other associated structures.

Exocrine Glands

Glands that release their secretions through ducts onto an epithelial surface, such as sweat, salivary, and digestive glands.

Protects the Body

A generalized term for biological systems or behaviors that defend the organism against disease, infection, or injury.