The table below represents Able Companys supplies account.Please supply the miss

The table below represents Able Companys supplies account.Please supply the missing amount.Beginning supplies: 2000Supplies purchased: ?Supplies expense: 8000Ending supplies: 3000$ 9000$ 5000$11000$13000In the case of a prepaid expense the adjusting entry required atthe end of a period consists of a credit to Prepaid expense.TrueFalsePrepaid rent is an expense account.TrueFalseWhat is the effect of the adjusting entry for Depreciationexpense?The entry increases total liabilities and increases totalexpenses.The entry increases total assets and increases total expenses.The entry decreases total assets and increases total expenses.The entry decreases total liabilities and increases totalexpenses.