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A Company Had No Office Supplies Available at the Beginning $75 \$ 75

Question 205

Multiple Choice

A company had no office supplies available at the beginning of the year. During the year, the company purchased $250 worth of office supplies. On December 31, $75 worth of office supplies remained. How much should the company report as office supplies expense for the year?


A) $175.
B) $75 \$ 75 .
C) $325 \$ 325
D) $125 \$ 125 .
E) $250 \$ 250

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