Question

In what general category of expenses would paper, pencils, pens, and paper clips fall?

a. services
c. goods and supplies
b. fixed obligations
d. petty cash

Answer 1

Answer: Goods and supplies

Step-by-step explanation:

Paper , pencils , pens and paper clip would fall goods and supplies. supplies are goods purchase for the sole intention of being used within the business. supplies are also known as consumables and they are not purchased to be sold. All businesses use supplies like pens, pencils, paper clip and paper every day and these items are separated from inventory because they are bought to be used within the business

Answer 2

The correct answer of the given question above would be the second option: GOODS AND SUPPLIES. The general category of expenses where pencil, paper, pens and paper clips would fall will be in the goods and supplies category. These are considered as supplies that are being used in a business.