a. During the month, Supplies Expense was debited $2,520 for supplies purchased. The cost of supplies used during the month was $1,960. Record the adjustment to properly reflect the amount of supplies used and supplies still on hand at the end of the month. b. Independent of transaction a, assume that during the month, Supplies (asset) was debited $2,520 for supplies purchased. The total cost of supplies used during the month was $1,960. Record the adjustment to properly reflect the amount of supplies used and supplies still on hand at the end of the month. c. Recelved $1,120 of cash from clients for services provided during the current month d. Paid $700 of accounts payable e. Recelved $420 of cash from clients for revenues accrued at the end of the prior month f. Recelved $1,260 of interest revenue accrued at the end of the prior month. 9. Recelved $1,680 of interest revenue for the current month. h. Accrued $980 of interest revenue earned in the current month i. Paid $2,660 of interest expense for the current month j. Accrued $840 of interest expense at the end of the current month k. Accrued $3,500 of commissions payable to sales staff for the current month. Required: a. Indicate the financial statement effect. b. Prepare the journal entry for the above transactions. Indicate the financial statement effect. Record the $1,960 supplies used during the month whereas supplies Expense was debited $2,520 for supplies purchased. Note: Enter debits before credits