$($b$)$ Sax Limited started $2010$ with $$14,000$ reported as supplies inventory and no adjustments were

made to the account during the year. During the year, $$98,000$ worth of supplies was purchased

by Sax and recorded as supplies expense. Account of the supplies at year$-$end showed that

$$6,000$ worth of supplies inventory remained on hand.

Dr$.$ Supplies expense

$$106,000$

Cr$.$ Supplies

$$106,000$

You need another journal entry to account for how much supplies has been used up$.$