Solution-What was the amount of supplies expense

What was the amount of supplies expense

Reference no: EM132789574

Problem 1: An entity has P1,500 of supplies on hand at the end of 2018. During 2019, P2,750 of supplies were purchased. A count of supplies on hand at the end of 2019 found an inventory of P875. What was the amount of supplies expense for 2019?

a. P1,875.

b. P5,125.

C. P3,375.

d. P4,250.

Reference no: EM132789574

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What was the amount of supplies expense

Reference no: EM132789574

Reference no: EM132789574

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