What cost of supplies bailey builders purchased during year

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Question 1: Bailey Builders reported supplies expense of $2,900,000 this year. The supplies account decreased by $270,000 during the year to an ending balance of $400,000. What was the cost of supplies the Bailey Builders purchased during the year?

Multiple Choice

  1. $2,630,000.
  2. $3,300,000.
  3. $3,170,000.
  4. $2,500,000.

Reference no: EM132462192

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