RECOGNIZING EXPENSES

Treadway Dental Services gives each of its patients a toothbrush with the name and phone number of the dentist office and a logo imprinted on the brush. Treadway purchased 15,000 of the toothbrushes in October 2009 for $3,000. The toothbrushes were delivered in November and paid for in December 2009. Treadway began to give the patients the toothbrushes in February 2010. By the end of 2010, 5,000 of the toothbrushes remained in the supplies account.