Short Answer
Cambridge Cleaners started business on January 1, 2019, and immediately purchased $5,000 of supplies to use in the business. At the end of the month, 30 percent of the supplies remains unpaid and 20% are still on hand. What amounts should appear as an expense on the financial statements for January? ?
Income Statement Statement of Cash Flows
Correct Answer:

Verified
Correct Answer:
Verified
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