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AllTech Corporation had a balance of $ 2,400 in Prepaid Supplies at the beginning of the year. The company purchased $ 1,200 of supplies during the year. At year​ end, Prepaid Supplies had a balance of $ 2,500. What is the amount of Supplies Expense that AllTech Corporation will recognize for the​ year?

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Answer:

What is the amount of Supplies Expense that AllTech Corporation will recognize for the​ year?

$2500

Explanation:

Beginning 2400

Purchased 1200

Total         3600

expense         1100

ending      2500

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