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On November 1, Camron Equipment had a beginning balance in the Office Supplies account of $1,600. During the month, Camron purchased $1,700 of office supplies. At November 30, Camron Equipment had $1,500 of office supplies on hand. Read the requirements. Requirement 1. The Office Supplies T-account has been opened for you. Enter the beginning balance and purchase of office supplies. (Use "Nov. 1" as a posting reference to enter the beginning balance and "Nov. purchases" as a posting reference to post the purchase of office supplies during the month.) Office Supplies 1,600 Nov. 1 Nov. purchases 1,700 Requirement 2. Record the adjusting entry required at November 30. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit Nov. 30 Office Supplies Amoco Auto Service started 2024 with total assets of $22,000 and total liabilities of $7,000. At the end of 2024, Amoco's total assets stood at $26,000 and total liabilities were $2,000. Requirements 1. Did the stockholders' equity of Amoco Auto Service increase or decrease during 2024? By how much? 2. Identify the four possible reasons that stockholders' equity can change. Requirement 1. Did the stockholders' equity of Amoco Auto Service increase or decrease during 2024? By how much? (Enter a decrease with a minus sign or parentheses.) Change in stockholders' equity during the year is 20,000 May 5 Accounts Payable May 2 6,000 21,000 May 1 May 22 11,500 500 8,500 May 15 500 May 23 Calculate the Accounts Payable balance. (Enter the balance, along with a "Bal." reference on the correct side of the T-account.) May 2 May 22 Accounts Payable 6,000 21,000 May 1 11,500 500 May 5 8,500 May 15 500 May 23