The Kramer Company had office supplies on hand of $900 at the beginning of the period, purchased $200 of supplies during the period and had S300 worth of supplies on hand at the end of the period. What amount of supplies expense would appear in the company's financial statements at the end of the period. Enter as a positive number.

The Kramer Company had office supplies on hand of $900 at the beginning of the period, purchased $200 of supplies during the period and had S300 worth of supplies on hand at the end of the period. What amount of supplies expense would appear in the company's financial statements at the end of the period. Enter as a positive number.

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter12: Financial Statements, Closing Entries, And Reversing Entries

Section: Chapter Questions

Problem 4PA: The following accounts appear in the ledger of Celso and Company as of June 30, the end of this...

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