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Cullumber Company's trial balance at December 31 shows Supplies $8,900 and Supplies Expense $0. On December 31, there are $2,000 of supplies on hand.
Cullumber Company's trial balance at December 31 shows Supplies $8,900 and Supplies Expense $0. On December 31, there are $2,000 of supplies on hand. (a1) Your answer is incorrect. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Debit Credit
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