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On April 1,Spring Floral,Inc

Question 254

Multiple Choice

On April 1,Spring Floral,Inc.has a balance of $300 in Supplies.During April,the company buys $900 more of the supplies.On April 30,the company counts the supplies and finds $200 of supplies remaining.What will the company report on its month ended April 30 income statement?


A) Supplies expense of $1,000
B) Supplies of $1,000
C) Supplies of $200
D) Supplies expense of $200

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