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Englewood Corporation experienced four situations for its supplies. (Click on the icon to view the four situations.) Requirement 1. Calculate the amounts that have been
Englewood Corporation experienced four situations for its supplies. (Click on the icon to view the four situations.) Requirement 1. Calculate the amounts that have been left blank for each situation. For situations 1 and 2 journalize the needed transaction. Consider each situation separately. Calculate the amounts that have been left blank for each situation. 1,910 $ Situation 1 1 2 3 4 Beginning supplies $ 1,500 $ 7000$ 700 $ 1,000 Purchases of supplies during the year 1,400 400 1,300 800 Total amount to account for 2,900 1,100 2,000 1,800 (990) Ending supplies (900) (700)| (200) Supplies Expense $ 200 $ 1,300 $ 1,600 For situations 1 and 2 journalize the needed transaction. Consider each situation separately. (Record debits first, then credits. Exclude explanations from any journal entries. Check your spelling carefully and do not abbreviate.) Record the entry for situation 1 to record the purchase of supplies. A Data Table Journal Entry Accounts Debit Credit 1 Situation 1 2 3 4 $ Beginning supplies Purchases of supplies during the year Total amount to account for 1,500 $ ? 700 S 400 700 $ 1,000 ? 800 2,900 (990) ? (900) ? (700) 1,800 ? Ending supplies Supplies Expense $ 1,910 ? $ 1,300 $ 1,600 Print Done
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