QUESTION 7 The Weehawken Corporation\'s February 28 unadjusted trial balance inc
ID: 2513738 • Letter: Q
Question
QUESTION 7
The Weehawken Corporation's February 28 unadjusted trial balance included many accounts, including the following:
$8,000
$5,000
$0
$4,800
$12,000
$79,000
$0
$7,200
$800
During February, the company used up a total of $2,900 supplies.
Determine the dollar amount of supplies expense the Corporation would report on its February income statement.
$0
$2,100
$2,900
$5,000
Cash$8,000
Supplies$5,000
Prepaid Rent$0
Prepaid Insurance$4,800
Accounts Payable$12,000
Fees Revenue$79,000
Supplies Expense$0
Rent Expense$7,200
Insurance Expense$800
Explanation / Answer
Dollar amount of supplies expense reported on its February income statement = $2900 Option C is correct
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