For each separate case below, follow the three-step process for adjusting the Supplies asset account at December 31 . Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. Assume no other adjusting entries are made during the year. b. Supplies: The Supplies account has an $1,700 debit balance to start the year. Supplies of $3,900 were purchased during the current year and debited to the Supplies account. A December 31 physical count shows $1,100 of supplies remaining. c. Supplies: The Supplies account has a $5,800 debit balance to start the year. During the current year, supplies of $13,000 wore purchased and debited to the Supplies account. The inventory of supplies available at December 31 totaled $3740 b. Supplies: The Supplies account has an $1,700 debit balance to start the year. Supplies of $3,900 were purchased during the current year and debited to the Supplies account. A December 31 physical count shows $1,100 of supplies remaining. Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. c. Supplies: The $ upplies account has a $5,800 debit balance to start the year. During the current year, supplies of $13,000 were purchased and debited to the Supplies account. The inventory of supplies available at December 31 totaled $3,740