As of June 1, 2017 the beginning balance in the asset account Supplies was $10,000.On June 10, 2017 Baker purchased $7,000 of additional supplies and made the following

entry:

Dr. Cr.

Supplies7,000

Cash7,000

The entry above is the only entry Baker made to the Supplies account during the month of June.

Based on a physical count, Baker determined that there are $11,500 of supplies remaining on-hand as of June 30.

Select the Supplies adjusting entry Baker should make as of June 30, 2017: