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StNick Corporation's Toy-Making Supplies Account Showed a Beginning Balance of $200

Question 2

Multiple Choice

St.Nick Corporation's Toy-Making Supplies account showed a beginning balance of $200 and supplies purchased of $800.There were $400 of supplies on hand at year-end.The year-end adjustment would include an increase in Toy-Making Supplies Expense for


A) $1,000.
B) $800.
C) $600.
D) $400.

Correct Answer:

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