Page 2 of 27 Question 2 (3 points) During the first year of operation, a company purchased supplies in the amount of $16.700 at the begging of the year. The year-end inventory count indicated $5,800 of supplies remained on hand. Requirement: Complete the year-end adjusting entry for supplies by filling out the account to debit (box 1), the account to credit (box 2), and the adjusting amount (box a) in the journal below. Do not abbreviate account titles. The date has been entered. (3 points: one point deducted per error) Date 12/31 Account title (1) ? Debit (a)? Credit (2) ? (a)? Answer (1): 4 (2): (a)