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A company usually determines the amount of supplies used during a period by taking...

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Question

Accounting

A company usually determines the amount of supplies used during a period by

taking the difference between the balance of the Supplies account and the cost of supplies on hand.

summing the amount of supplies purchased during the period.

adding the supplies on hand to the balance of the Supplies account.

taking the difference between the supplies purchased and the supplies paid for during the period.

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