Accounting MCQ Accounting A company orders office supplies in June. Those supplies are received and used in July. The supplies are paid for in August. In which month should the company record supplies expense?

A company orders office supplies in June. Those supplies are received and used in July. The supplies are paid for in August. In which month should the company record supplies expense?

Naim 00:07 Accounting

A company orders office supplies in June. Those supplies are received and used in July. The supplies are paid for in August. In which month should the company record supplies expense?

A) June.

B) July.

C) August.

D) Evenly over the three months.

Ch3 answer: B

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