If the Supplies account has a beginning balance of $6,000 and...
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Accounting
If the Supplies account has a beginning balance of $6,000 and ending balance of $9,500 : the company owes suppliers less at the end of the period than the beginning. more supplies were consumed than purchased during the period. more supplies were purchased than consumed during the period. supplies expense has increased from the prior period supplies expense has decreased from the prior period
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