ADJUSTMENT FOR SUPPLIES EXPENSE. The downtown Chicago Nieman Marcus store purchases large quantities of supplies, including plastic garment bags and paper bags and boxes. At December 31, 19x5, the following information is available concerning these supplies:

All purchases of supplies during the year are debited to the supplies inventory.
REQUIRED:
1. What is the expense associated with the use of supplies during 19x5?
2. What is the proper adjusting entry at December 31, 19x5?

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Supplies inventory, 1/1/x5 $ 4,150 Supplies inventory, 12/31/x5 5,220 Supplies purchased for cash during 19x5..... 15,700