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Maya C0. had $12,000 of supplies at the end of October. During November, the company bought $4,000 of supplies. At the end of November, the

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Maya C0. had $12,000 of supplies at the end of October. During November, the company bought $4,000 of supplies. At the end of November, the company had $2,000 of supplies remaining. Which of the following statements is not correct? During November, the company used $14,000 of supplies. Supplies should be reported at $2,000 on the balance sheet. An expense should be debited for 514000 in November. An asset should be debited for $2000 in November

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