Required information

Exercise $13-10$A $($Algo$)$ Recording supplies and identifying their effect on financial statements LO $13.1,13-3,13-4$

$[$The following inflomation applies to the questions clisplayed beiow$]$

Sye Chase started and operated a smal farmily archinectural firm in Year $1.$ The firm was affected by two events: $(1)$ Chase proviced $$23,900$ of services on account, and $(2)$ he purchased $$3,000$ of supplies on account. There were $$750$ of supoles on hand as of December $31,$ Year $1$