For each separate case below, follow the three$-$step process for adjusting the Supplies asset account at December $31.$

Step $1$: Determine what the current account balance equals.

Step $2$: Determine what the current account balance should equal.

Step $3$: Record the December $31$ adjusting entry to get from step $1$ to step $2.$

Assume no other adjusting entries are made during the year.

a$.$ Supplies: The Supplies account has a $$300$ debit balance to start the year. No supplies were purchased during the current year. A December $31$ physical count shows $$110$ of supplies remaining.

b$.$ Supplies: The Supplies account has an $$800$ debit balance to start the year. Supplies of $$2,100$ were purchased during the current year and debited to the Supplies account. A December $31$ physical count shows $$650$ of supplies remaining.

$\backslash$table$[[$Step $1$: Determine what the current account balance equals.,,$],[,,],[$Step $2$: Determine what the current account balance should equal.,,$]]$

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