A Company Usually Determines The Amount Of Supplies Used During A Period By

View Notes - BUS 591 - Wk 2 Quiz from BUS 591 at Ashford University. 1. A company usually determines the amount of supplies used during a period by: Points : 1 adding the supplies on hand to the..Question 14 2 out of 2 points A company usually determines the amount of supplies used during a period by: Answer Selected Answer: taking the diFerence between the balance of the Supplies account and the cost of supplies on hand. Correct Answer: taking the diFerence between the balance of the Supplies account and .1 / A company usually determines the amount of supplies used during a period by _____. a. adding the supplies on hand to the balance of the Supplies account b. summing the amount of supplies purchased during the period c. taking the diFerence between the supplies purchased and the supplies paid .As prepaid expenses expire with the passage of time, the correct adjusting entry will be a. debit to an expense account and a credit to an asset account. If a company usually determines the amount of supplies used during a period by. taking the difference between the balance of the supplies account and the cost of supplies .