Answer:
debit advertising expense for 1,000, debit supplies inventory for 1,000, and credit accounts payable for 2,000
Explanation:
The correcting entry is
Advertising expense Dr$1,000
Supplies inventory Dr $1,000
To Accounts payable $2,000
(being the correct entry is recorded)
here the advertising expense and inventory is debited as it increased the expenses & assets and credited the account payable as it also increased the liabilities
