Question

At january 31, 2015, the balance in aislers inc.’s supplies account was $750. during february, aislers purchased supplies of $900 and used supplies of $1,125. at the end of february, the balance in the supplies account should be

Answer 1

Beginning balance 750
Add supplies purchase 900
Less supplies used 1125

Supplies on hand at the end of february is
750+900−1,125=525...answer

Hope it helps!