4. On January 14, Franco Industries purchased supplies of $500 on account. The entry to record the purchase will include a. a debit to Supplies Expense and a credit to Accounts Receivable b. a debit to Supplies and a credit to Accounts Payable c. a debit to Supplies and a credit to Cash d. a debit to Accounts Receivable and a credit to Supplies 5.On June 1, 2008, Delbert Inc. reported a cash balance of $16,000. During June, Delbert made deposits of $3,000 and made disbursements totalling $16,000. What is the cash balance at the end of June? a. $3,000 debit balance b.$15,000 debit balance c. $1,000 credit balance d. $4,000 credit balance 6. At January 1, 2008, Burton Industries reported owner's equity of $130,000. During 2008, Burton had a net income of $30,000 and owner drawings of $20,000. At December 31, 2008, the amount of owner's equity is a. $130,000 b. $140,000 c. $100,000 d. $80,000