A company's Office Supplies account shows a beginning balance of $720 and an ending balance of $640. If office supplies expense for the year is $3,700, what amount of office supplies was purchased during the period? Multiple Choice $3,780. $4,340. $3,060. $3,620. $4,420.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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A company's Office Supplies account shows a beginning balance of $720 and an ending balance of $640. If office supplies expense for the year is
$3,700, what amount of office supplies was purchased during the period?
Multiple Choice
O $3,780.
O
O
O
O
$4,340.
$3,060.
$3,620.
$4,420.
Transcribed Image Text:A company's Office Supplies account shows a beginning balance of $720 and an ending balance of $640. If office supplies expense for the year is $3,700, what amount of office supplies was purchased during the period? Multiple Choice O $3,780. O O O O $4,340. $3,060. $3,620. $4,420.
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