The three basic steps of the systematic accounting process used to capture and report the financial effects of a company's activities are: Multiple Choice Picture, name, analyze. Analyze, record, summarize. Analyze, journalize, report. O Analyze, capture, report Bocci Company had $6,000 of supplies inventory at the end of October. During November, the company bought $2,000 of supplies. At the end of November, the company had $1,000 of supplies inventory remaining. Which of the following statements is not true? Multiple Choice During November, the company used $7,000 of supplies. The carrying value of supplies Inventory on November 30 should be $1,000. An expense should be debited for $7,000 in November. O d An expense should be debited for $1,000 in November