1.On September 1, during its first month of operations, Knope Enterprises purchased supplies for

$3,500

and debited the supplies account for that amount. At September 30 , an inventory of supplies showed

$750

of supplies on hand. What adjusting journal entry should be made for September?

1.On September 1, during its first month of operations, Knope Enterprises purchased supplies for $3,500 and debited the supplies account for that amount. At September 30 , an inventory of supplies showed $750 of supplies on hand. What adjusting journal entry should be made for September