What is supplies expense for the year ended december

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Problem 1: On January 1, 20x7 you had $14,078 in your office supplies inventory account. During the year you purchased an additional $49,075 of office supplies. A physical count of the supplies on December 31, 20x7 reveals that you have $16,655 of supplies on hand. What is supplies expense for the year ended December 31, 20x7?

Reference no: EM133011337

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