Jones Company Started the Accounting Period with $500 in Supplies

Multiple Choice

Jones Company started the accounting period with $500 in supplies.During the period the company purchased $1,100 of supplies on account.At the end of the accounting period there were $700 of supplies on hand.Based on this information,the amount of supplies expense appearing on the end-of-period income statement would be

A) $1,600.
B) $1,100.
C) $900.
D) $400.