The asset account, Office Supplies, had a beginning balance of $3,800. During the accounting period, office supplies were purchased, on account, for $2,500. Supplies Expense for the accounting period is $4,000
What is the ending balance of Office Supplies?
A) $6,300
B) $2,300
C) $4,000
D) $5,300
B .Office Supplies:
Beginning balance $3,800
Add Office Supplies purchased 2,500
6,300
Less Office Supplies expensed 4,000
Office Supplies $2,300
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Aron is concerned about union organizing activities among his employees. He knows that many of the employees like and respect Derrick. Aron thinks if he can get Derrick to vote against the union, others will do so as well. Aron offers Derrick a 10% raise if Derrick does not vote for the union. Aron knows this will be a lot of money, but thinks he will save money in the long term by avoiding the union. It appears that Aron violated which of the NLRB’s NO TIPS rules regarding what management cannot do during labor elections.
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