Supplies were purchased for cash on December 1, to be used throughout the year, in the amount of $8,500. On December 31 , a physical count revealed that the remaining supplies totaled $1,200. Based on the information provided ( BE AWARE: You may have to use the bottom scroll bar to move to the right and left to see all the answer boxes below): "Make the initial journal entry for the original transaction on January 1: "Create the journal entry for the December 31 adjustment needed to recognize the supply usage for December (HINT: the supplies total is provided on 12/31. how would you calculate the amount used during the period)