situation 1\nbeginning supplies $1,500\npurchases of supplies during the year 1,400\ntotal amount to account…

situation 1\nbeginning supplies $1,500\npurchases of supplies during the year 1,400\ntotal amount to account for 2,900\nending supplies (990)\nsupplies expense $1,910\ncalculate the amounts that have been left blank for situation 2.\nsituation 2\nbeginning supplies $700\npurchases of supplies during the year 400\ntotal amount to account for 1,100\nending supplies (900)\nsupplies expense $200\ncalculate the amounts that have been left blank for situation 3.\nsituation 3\nbeginning supplies $700\npurchases of supplies during the year \ntotal amount to account for \nending supplies (700)\nsupplies expense $1,300

situation 1\nbeginning supplies $1,500\npurchases of supplies during the year 1,400\ntotal amount to account for 2,900\nending supplies (990)\nsupplies expense $1,910\ncalculate the amounts that have been left blank for situation 2.\nsituation 2\nbeginning supplies $700\npurchases of supplies during the year 400\ntotal amount to account for 1,100\nending supplies (900)\nsupplies expense $200\ncalculate the amounts that have been left blank for situation 3.\nsituation 3\nbeginning supplies $700\npurchases of supplies during the year \ntotal amount to account for \nending supplies (700)\nsupplies expense $1,300

Answer

Explanation:

Step1: Recall the formula

Total amount to account for = Beginning supplies + Purchases of supplies during the year. Supplies Expense=Total amount to account for - Ending supplies.

Step2: First, find the total amount to account for in situation 3

Since Supplies Expense = Total amount to account for - Ending supplies, then Total amount to account for = Supplies Expense+Ending supplies. So, Total amount to account for = $1300 + 700=$2000$.

Step3: Then, find the purchases of supplies during the year in situation 3

Since Total amount to account for = Beginning supplies + Purchases of supplies during the year, then Purchases of supplies during the year = Total amount to account for - Beginning supplies. So, Purchases of supplies during the year = $2000 - 700=$1300$.

Answer:

Purchases of supplies during the year: $1300 Total amount to account for: $2000