Winston Corp.had $1,800 of supplies on hand at January 1.During the year,supplies with a cost of $4,000 were purchased.At December 31,the actual supplies on hand amount to $1,300.After the adjustments are recorded and posted at December 31,determine the balances in the Supplies and Supplies Expense accounts. Supplies Supplies Expense

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The beginning balance of supplies was $1,800, and $4,000 worth of supplies were purchased, totaling $5,800. At year-end, $1,300 of supplies remained, so $5,800 - $1,300 = $4,500 worth of supplies were used, which is recorded as Supplies Expense. The ending balance of Supplies is $1,300.