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Calculate the adjustment amount for the following transactions Calculate the Supplies expense (used): 5 mk The Supplies account has an AED 15.000 debit balance on

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Calculate the adjustment amount for the following transactions Calculate the Supplies expense (used): 5 mk The Supplies account has an AED 15.000 debit balance on January 1, 2018. Supplies of AED 6,000 were purchased during the current year and debited to the Suppiles account. A December 31 physical count shows AED 1,000 of supplies remaining Calculate the Prepaid expense expired: 5 mk The Prepaid insurance account has a AED 7.000 debit balance to start the year. A review of insurance policies and payments shows that AED 700 of unexpired insurance remains at year-end Calculate Depreciation expenses make ABC School has bought a school bus that purchased at he start of this year Bus had cost of AED 300,000. had an estimated life of five years, and is expected to salvage value of AED 70.000 at the end of the five years THINGOM

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