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2. On January 1, 2025, Finch Industries properly reported $1,300,000 of Supplies Inventory.
During 2025, Finch purchased $200,000 of supplies. December 31, 2025, Finch neglected to
calculate the value of the Supplies Inventory which was $1,225,000 : What should have been the
Supplies Expense recorded during 2025 ?

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2 On January 1 2025 Finch Industries properly reported 1.pdf

  • 1. 2. On January 1, 2025, Finch Industries properly reported $1,300,000 of Supplies Inventory. During 2025, Finch purchased $200,000 of supplies. December 31, 2025, Finch neglected to calculate the value of the Supplies Inventory which was $1,225,000 : What should have been the Supplies Expense recorded during 2025 ?