during the first year, Smith and associates bought 16,000 worth of supplies for the CPA firm when purchased the supplies account was increased in accounts payable increased make the 4000 worth of supplies are on the hand at year end

during the first year, Smith bought $16,000 worth of supplies for their CPA firm purchased. The supplies account was increasing accounts payable increased. What adjustments with Smith and associates make it $4000 worth of supplies were on hand at the end of the year?