Answer:
correct option is B) $7,900
Explanation:
given data
beginning balance = $5,300
office supplies purchased = $4,900
office supplies on hand = $2,300
to find out
amount of Supplies Expense for the accounting period
solution
we get here amount of Office supplies Expenses that is express as
amount of Office supplies Expenses = beginning balance + office supplies purchased - office supplies on hand ..................1
put here value and we will get
amount of Office supplies Expenses = $5,300 + $4,900 - $2,300
amount of Office supplies Expenses = $7900
so correct option is B) $7,900
