Flamingo Company opened for business on April 1, 2013, and purchased supplies on April 15, 2013, for $1,850 cash. On March 31, 2014, the company's year end, it had $400 of supplies on hand. Complete the following steps in the accounting cycle with regard to the supplies:

(a) Journalize the April 15, 2013, transaction.

(b) Post to the ledger accounts. (Use T accounts; ignore the Cash account.)

(c) Journalize and post any required adjusting entries at March 31, 2014.

(d) Journalize and post required closing entries.