At December 31, the unadjusted trial balance of H8R Tacks reports Supplies of $9,700 and Supplies Expense of $0. On December 31, supplies costing $8,050 are on hand 1. Prepare the adjusting journal entry on December 31. (If no enitry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) erv or elat is $1 Exp 2. Prepare the T-accounts for each account,enter the unadjusted balances, post the adjusting joumal entry, and report the adjusted balanoe ies Expense Unad, Bal End Bal End. Ba