Aggie Pool Guys, Inc. began operations on March 1, 2021 with an investment of $30,000 cash into the business. During the month of March, Aggie completed the following additional transactions: Mar 2 Mar 4 Mar 8 Aggie borrowed $9,000 from First National Bank and signed an interest-free note for the debt. Purchased supplies on credit for $1,000. Repaired a customer's pool and collected the fee of $1,800. Mar 13 Paid the supplier for the supplies received on March 4. Mar 15 Paid employee wages of $800. Mar 18 Repaired a customer's pool and billed, but did not collect $2,200. Mar 21 Collected $1,000 from a customer for a job to be performed in April. Mar 29 Paid rent for the month of March in the amount of $3,000. Mar 30 There were $600 worth of supplies on hand at the end of March. 1. The journal entry to record the March 30th transaction would include a: A. Debit to Supplies Expense for $600 ARCDE Credit to Cash for $400 B. C. Credit to Supplies Expense for $400 D. Credit to Supplies for $400 E. Debit to Account Payable for $600 4. Answer the following statements at True or False and then select the correct corresponding multiple-choice answer. A loss on the sale of a company's equipment is included in the companys income from operations. When supplies are purchased on credit/account by a company, the company should debit "Supplies" and credit "Accounts Payable" The equality of debits and credits in a trial balance means that all entries were correctly posted to the accounts. A. True, True, True B. True, False, True C. False, True, True D. False, True, False E. False, False, False