1) On June 1, 2021, Mr. Mike began the perfumes and cosmetics business, M Perfumes & Cosmetics. Jun 1. Mr. mike invested $15,500 in cash and some perfumes and other cosmetics that cost $13,000 in exchange for ordinary shares in M Perfumes & Cosmetics.

2) June 8. M Perfumes & Cosmetics purchased $8,000 Rose water Bottles and other accessories

Write the general entry :

**( is the perfumes and other cosmetics considered as "supply" or "equipment" or " inventory" ?) explain

**( is the Rose water Bottles and other accessories considered as "supply" or "equipment" or " inventory" ?) explain

I think they are inventory, is my answer correct?

** what is the difference between inventory and supplies?