The company used $125 supplies during the quarter.
The quantity of goods or service that a company has to offer its customers at any one time is defined as supply. For a real, brick-and-mortar store, this refers to the inventory that a company has on its premises and in warehouses that it may sell to clients.
Supplies and business services are temporary commodities and services that aid in the development or management of the completed product.
The supplies used during the quarter is computed below:
Particulars Amount
Beginning supplies $50
Purchases $100
Total supplies available $150
Less: Ending supplies $25
Supplies during the quarter $125
Therefore, the supplies during the quarter is $125.
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