3 M4-18 Preparing and Posting Adjusting Journal Entries [LO 4-2] Check my work ook rint rences At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $8,100 and Supplies Expense of $0. On December 31, supplies costing $7,250 are on hand. Required: 1. Prepare the adjusting journal entry on December 31. 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting journal entry on December 31. (If no entry is required for a transaction/event, select "No Journal Entry R in the first account field.) View transaction list Journal entry worksheet 1 Record the adjusting entry on December 31. < Prev 13 of 19 Next >