At December 31 , the unadjusted trial balance of H\&R Tacks reports Supplies of $8,300 and Supplies Expense of $0. On December 31 , supplies costing $7,350 are on hand. Required: 1. Prepare the adjusting journal entry on December 31 . 2. Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. \begin{tabular}{l|l} Required 1 & Required 2 \end{tabular} Post the beginning balances and adjusting entries to the following T-accounts