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How to solve On November 1 , Cool Town Equipment had a beginning balance in the Supplies account of $ 9 0 0 . During

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On November 1, Cool Town Equipment had a beginning balance in the Supplies account of $900. During the month, Cool Town Equipment purchased $2,300 of supplies. At November 30, Cool Town Equipment had $1,400 of supplies on hand.
Read the requirements.
Requirement 1. The Supplies T-account has been opened for you. Enter the beginning balance and purchase of 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.)
Requirements
The Supplies T-account has been opened for you. Enter the beginning balance and purchase of supplies.
Record the adjusting entry required at November 30.
Post the adjusting entry to the two accounts involved, and show their balances at November 30.
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