correct Question 6 0/1.5 pts Bagley Corp. uses reversing entries when accounting for supplies. On its December 31, 2020 balance sheet, Bagley reports supplies of $10,600. During 2021, Bagley purchases additional supplies of $35,800. On December 31, 2021, a year end inventory of supplies reveals $12,500 of supplies on hand. Bagley's December 31, 2021 adjusting entry for supplies will increase total assets (enter as a positive number) or decrease total assets (enter as a negative number) by what amount? -33,900