The following Office Supplies account information is availab

The following Office Supplies account information is available for Able Company:

From the above information, calculate the amount of office supplies purchased.

Beginning balance -$1200

Office Supplies expensed- 6,000

Ending balance 3,000

a-$7,800
b-$6,000
c-$1,200
d-$3,000

Solution

Solution - (a) - $7800

Calculation of office supplies purchased

Let Office supplies Purchase = \'x\'

Equation Made from the above chart:-

$1200 + x - $6000 = $3000

$1200 + x = $9000

x = $7800