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Staple Corp

Question 51

Multiple Choice

Staple Corp. purchased supplies at a cost of $2,581 during the year. At December 31, supplies on hand are $1,492. Supplies expense for the year was $6,213. How much were supplies on hand at January 1?


A) $7,705
B) $8,794
C) $6,213
D) $5,124

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