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At the beginning of the month, supplies were $3,500. During the month, $7,000 of supplies were purchased. Al month's end. $1,000 of supples are stil

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At the beginning of the month, supplies were $3,500. During the month, $7,000 of supplies were purchased. Al month's end. $1,000 of supples are stil on hand. What is the - adjusting entry? - ending balance in the Supplies account? Fint, prepare the adpuing joumal entry for Supplies, (Recond debits first, then crodis. Exclude explanations from amy journat entries

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