Account balances Account balances Additional data a. A physical count of items showed $4,200 of supplies on hand. (Hint: Use the account Operating Expenses in the adjusting journal entry.) b. An inventory count showed inventory on hand at October 31,2023 , of $144,000. c. The equipment has an estimated useful life of eight years and is expected to have no value at the end of its life. (Hint: Use the account Operating Expenses in the adjusting journal entry.) d. Unearned sales revenue of $6,800 was earned by October 31,2023. Record the entry for (b) for the adjustment to inventory. An inventory count showed inventory on han E. Jones, Withdrawals Income Summary the entry fo Operating Expenses Sales Discounts Sales Returns and All Sales Revenue