The supplies account balance on December 31, $4,750; supplies on hand, $960.3. Wages accrued but not paid, $2,700.4. Depreciation of office equipment, $1,650.5. Rent expired during year, $10,800.?

Supplies Account

An account used in accounting to track the cost of supplies purchased and used by a business within a specific accounting period.

Wages Accrued

Amounts of money earned by employees for work done that have not yet been paid by the company.

Depreciation

A technique for spreading out the expense of a physical asset across its lifespan.