b. Supplies: The Supplies account has an $1,450 debit balance to start the year. Supplies of $3,400 were purchased during the current year and debited to the Supplies account. A December 31 physical count shows $975 of supplies remaining.

. Supplies: The Supplies account has an $1,450 debit balance to start the year. Supplies of $3,400 were purchased during the current year and debited to the Supplies account. A December 31 physical count shows $975 of supplies remaining. b. Supplies: The Supplies account has an $1,450 debit balance to start the year. Supplies of $3,400 were purchased during the current year and debited to the Supplies account. A December 31 physical count shows $975 of supplies remaining