Question: Howell Corp had $ 1 5 , 0 0 0 of supplies at the beginning of the year. During the year, Howell Corp purchased $

Howell Corp had $15,000 of supplies at the beginning of the year. During the year, Howell Corp purchased $33,000 of new supplies. At the end of December, Howell Corp counted $2,000 of supplies remaining.
Prepare the adjusting entry required on December 31,2015.
No Journal Entry Required
Howell Corp had $15,000 of supplies at the beginning of the

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