The Supplies Account Has a Balance of $4,400 at the Beginning

Multiple Choice

The supplies account has a balance of $4,400 at the beginning of the year and was debited during the year for $2,400,representing the total of supplies purchased during the year.If $400 of supplies are on hand at the end of the year,the supplies expense to be reported on the income statement for the year is

A) $400
B) $2,000
C) $6,800
D) $6,400