Clarke Shop purchased supplies at a cost of $18,000 during 2015 . At January 1, 2015, the beginning balance in the supplies account was $1,000 . For 2015, supplies expense was $16,000 . How much "Supplies" are on hand as of December 31, 2015?
a. $ 1,000
b. $ 3,000 c. $16,000 d. $17,000
b
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Quasi contract are not actual contracts.
Answer the following statement true (T) or false (F)
Kevin is in charge of a new association at his college. He is researching voting methods. Please answer the questions below. Strengthen a(n) ____ vote by using several rounds. Eliminate options with the least support and vote again.
A. plurality B. majority rules C. authoritarian D. command
Reduction of fixed cost may be achieved by aggregating lots across multiple products, customers, or suppliers
Indicate whether the statement is true or false.
A share of common stock has an expected long-run constant growth rate of 10 percent and is currently priced at $66 per share. If investors require 15% rate of return, what was the last dividend paid on the stock?
A) $2.20 B) $1.95 C) $6.15 D) $3.00 E) $3.30