Printing Supplies had a beginning balance of $4,000. During the month, purchases of printing supplies totaling $3,000 were added to the Printing Supplies account. If $2,000 worth of printing supplies is still on hand at month-end, what is the proper adjustment?

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The Answer of Printing Supplies had a beginning balance of $4,000. During the month, purchases of printing supplies totaling $3,000 were added to the Printing Supplies account. If $2,000 worth of printing supplies is still on hand at month-end, what is the proper adjustment?

Printing Supplies Had a Beginning Balance of $4,000