Sax Limited started 2010 with $14,000 reported as supplies inventory and no adjustments were made to the account during the year. During the year, $98,000 worth of supplies was purchased by Sax and recorded as supplies expense. A count of the supplies at year-end showed that $6,000 worth of supplies inventory remained on hand.

Prepare any necessary adjusting journal entries on December 31, 2010 for each of items