Final answer:
The Don't Bite Me Pest Control Company would report a supplies asset in the amount of $300,000. To calculate the value of the supplies asset, subtract the unpaid bill from the total cost of the supplies. This means the company has $200,000 worth of supplies that have been paid for and would be reported as a supplies asset.
Step-by-step explanation:
The Don't Bite Me Pest Control Company would report a supplies asset in the amount of $300,000.
To calculate the value of the supplies asset, we need to subtract the unpaid bill from the total cost of the supplies. The supplies cost $300,000, but there is a bill of $100,000 that has not been paid yet. So, the supplies asset would be $300,000 - $100,000 = $200,000.
This means that the company has $200,000 worth of supplies that have been paid for, and this amount would be reported as a supplies asset. Option B is correct .