| At the beginning of 2022, Terminus Company had $1,400 of supplies on hand. During the year, the business paid $6,000 for additional items and increased its supplies inventory account to record these purchases. Terminus held $1,300 of supplies at the end of the year. |
| What is the amount of the adjusting entry that Terminus must record to bring the accounts up-to-date at year-end? |
