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Bocci Company had $6,000 of supplies inventory at the end of October. During November, the company bought $2,000 of supplies. At the end of November,

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Bocci Company had $6,000 of supplies inventory at the end of October. During November, the company bought $2,000 of supplies. At the end of November, the company had $1,000 of supplies inventory remaining. Which of the following statements is not true? Multiple Choice During November, the company used $7,000 of supplies. The carrying value of supplies Inventory on November 30 should be $1,000 O An expense should be debited for $7,000 in November. O O An expense should be debited for $1,000 In November

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