PLEASE ANWSER!! I HAVE 2 MINS LEFT!! PLEASE PLEASE!! PLEASE IM RUNNING OUT OF TIME!!

Question 11 (2 points) Why is it important to take a physical count of Supplies at the end of the fiscal period? How would it affect the Balance Sheet if there was no adjustment made? Question 4 (1 point) On the basis of the following data, what is the proper adjusting entry for June 30, the end of the fiscal year? Supplies account balance before adjustment, $1900 Supplies physical inventory on June 30, $750. Debit Supplies Expense $1150; credit Supplies $1150. Debit Supplies Expense $1900; credit Supplies $1900. Debit Supplies Expense $750; credit Supplies $750. Debit Supplies $750; credit Supplies Expense $750. Question 9 (1 point) Which of the following statements concerning the Accumulated Depreciation account is false? It is an asset account. It has a credit balance. It is closed at the end of the fiscal period. It appears on the balance sheet