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

question 17

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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