At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $8,800 and Supplies Expense of $0. On December 31 , supplies costing $7,600 are on hand. Required: Prepare the adjusting journal entry on December 31 Post the beginning balances and adjusting entries to the following T-accounts. Complete this question by entering your answers in the tabs below. Post the beginning balances and adjusting entries to the following T-accounts. Supplies Debit Beginning Balance 8,800 Credit 1.200 Supplies Expense Debit Credit Beginning Balance 1200 0