P4. For the transactions below, please enter the journal entry used to correct the error. If there is no error and no correction need, enter N/A. (a) At the beginning of the month, there were $3,250 supplies on hand. $1,000 of supplies were purchased during the month. At the end of the month, a count revealed $2,250 of supplies on hand and the following entry was made: Cash2,250 Supplies 2,250 (b) A piece of equipment was purchased for $10,000.$8,000 was paid in cash and $2,000 in notes were issued to cover the remaining balance. CashN/P8,0002,000 Equipment Expense 10,000 (c) A $25,000 piece of equipment purchased at the beginning of the year was to be depreciated over 5 years. The depreciation was $5,000 per year. At the end of the year, the following journal entry was made: Depreciation Exp 5,000 Accumulated Dep 5,000