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) $75.
B) $125.
C) $175.
D) $250.
E) $325.
Correct Answer:
Verified
Correct Answer:
Verified
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