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Blossom Company's trial balance at December 31 shows Supplies $8,820 and Supplies Expense $0.On December 31, there are $2,080 of supplies on hand. Prepare the

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Blossom Company's trial balance at December 31 shows Supplies $8,820 and Supplies Expense $0.On December 31, there are $2,080 of supplies on hand. Prepare the adjusting entry at December 31. (Credit amount titles are automatically indented when the amount is entered. Do not indent manually. If no entry is for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Dec. 31 List of Accounts Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Post entries in the order of jouma the previous part.) Supplies Supplies Expense

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