Question

AllTech Corporation had a balance of $ 2,400 in Prepaid Supplies at the beginning of the year. The company purchased $ 1,200 of supplies during the year. At year​ end, Prepaid Supplies had a balance of $ 2,500. What is the amount of Supplies Expense that AllTech Corporation will recognize for the​ year?

Answer 1

Answer:

What is the amount of Supplies Expense that AllTech Corporation will recognize for the​ year?

$2500

Step-by-step explanation:

Beginning 2400

Purchased 1200

Total 3600

expense 1100

ending 2500