Office Supplies Romervil Corp, purchases office supplies once a month and prepares monthly Financial statements. The asset account Office Supplies on Hand has a balance of $2.450 en May 1. Purchase of supplies during Mount to 51.100. Supplies anhand at May 11 amount to $990 Required 1. Idently and analyze the effect of the adjustment on May 51. Ality Operating Account tam) Balance sheet and Intern How does this entry alert the country equation and materia met affected, selectory and are the mount box blank. If the affect on a francial statement ist der to start wwwser with Balance Sheet Net Stocholders Equity Assets Ravens Expenses Incon Labtes No Entry Cash 2. Wait be the facto income for this is not recorded Tot come to the month of My dhe et notre bec expense be