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ACTIVITY III A. Blue Cab Transport Services purchased office supplies amounting to P35,000 on January 3, 2020. Prepare the entry to record the above transaction under the (1) Asset Method and (2) Expense Method. B. Assuming the office supplies used during the month amounted to P7,000, prepare the adjusting entry under the (1) Asset Method and (2) Expense Method. C. Assuming the company made no other purchases of office supplies during the month and that the office supplies inventory on January 31, 2020 amounted to P3,500, prepare the adjusting entry under the (1) Asset Method and (2) Expense Method