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Chapter 3 Test Saved Help Save & Exit Submit 1 1 TB Journal Entry 3 - 2 5 4 ( Algo ) Prepaid expenses: Office

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11 TB Journal Entry 3-254(Algo) Prepaid expenses: Office supplies
a. The Office Supplies account had a $410 debit balance at the beginning of the year, and $1,920 of office supplies were purchased during the year. The December 31 end of year physical count showed $660 of office supplies available. Prepare the December 31 adjusting entry. Assume no adjusting entries have been made during the year.
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The Office Supplies account had a $410 debit balance at the beginning of the year, and $1,920 of office supplies were purchased during the year. The December 31 end of year physical count showed $660 of office supplies available. Prepare the December 31 adjusting entry.
Note: Enter debits before credits.
\table[[Transaction,General Journal,Debit,Credit],[a.,,,],[,,,],[,,,],[,,,],[,,,]]
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