Question

Determine the missing amounts in each of these four separate situations a through d. a b...

Determine the missing amounts in each of these four separate situations a through d.

a b c d
supplies avail-prior year end

$675

$3578 $3041
supplies purchased during current yr 4725 12165

12765

total supplies available 5400 15743
supplies available - current year end (1125) (3521) (800)

Supplies expense for current year A. ? B. 3278 C. 24257 D. 13340

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Answer #1

Please find workings below.

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a b c d
Supplies avail prior year end 675 3578 3041 1375
Supplies Purchased during Current Year 4725 12165 24737 12765
Total supplies available 5400 15743 27778 14140
Supplies available Current Year end 1125 12,465 3521 800
Supplies expense for current year 4275 3278 24257 13,340
a c
Amount Amount Amount Amount
To opening balance 675 By expenses 4275 To opening balance 3041 By expenses 24257
( Balancing Figure)
To purchases 4725 To purchases 24737 By closing balance 3521
By closing balance 1125 ( Balancing Figure)
Total 5400 Total 5400 Total 27778 Total 27778
b
Amount Amount d
To opening balance 3579 By expenses 3278 Amount Amount
To opening balance 1375
To purchases 12165 By closing balance 12,465 ( Balancing Figure) By expenses 13340
( Balancing Figure)
To purchases 12765 By closing balance 800
Total 15744 Total 15743
Total 14140 Total 14140
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