What amount should MBI Corp shows as SUPPLIES EXPENSE

Reference no: EM133222601

Question - MBI Corp. started the month with $160 of supplies on hand. During the month, the company purchased another $142 worth of supplies. At the end of the month, $100 worth of supplies were left on hand. What amount should MBI Corp. shows as SUPPLIES EXPENSE in their income statement for the month?

Reference no: EM133222601

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