Answer :
The amount of supplies used during the year can be calculated by subtracting the supplies on hand as of December 31, 2021, from the supplies listed in the trial balance.
To calculate the number of supplies used during the year, we start with the supplies listed in the trial balance, which is $2,100. This represents the total amount of supplies purchased during the year. We then subtract the supplies on hand as of December 31, 2021, which is $1,100. This represents the value of supplies that were not used during the year and are still on hand at the end of the period.
The difference between the supplies listed in the trial balance and the supplies on hand is the number of supplies that were used during the year. Therefore, the amount of supplies used during the year can be calculated as follows:
Supplies used = Supplies listed in trial balance - Supplies on hand
Supplies used = $2,100 - $1,100
Supplies used = $1,000
Therefore, Sain Advertising Ltd. used $1,000 worth of supplies during the year. This information can be used to help with budgeting and planning for future supply needs.
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