Adjustment for Supplies On December 31, the trial balance indicates that the supplies account has a balance, prior to the adjusting entry, of $347. A physical count of the supplies inventory shows that $84 of supplies remain. Analyze this adjustment for supplies usingT accounts, and then formally enter this adjustment in the general journal. (Trial balance is abbreviated as TB.) (Balance Sheet) Supplies Bal. (Income Statement) Supplies Expense Adj an entry, leave it blank. If an amount box does not require Page: DOC. POST NO. REF CREDIT DEBIT DATE ACCOUNT TITLE 1 20-Dec. 31 2