Hot Shot Company reported $3,000 in Supplies on Hand on the December 31, 2007 balance sheet. In 2008, the company purchased the following amounts of supplies. The bookkeeper recorded all supplies purchases by debiting Supplies on Hand crediting Cash. At the end of the supplies Cash. At the end of the year, the office manager counted the supplies and determined that $600 of supplies remained. Required: a. Calculate the adjusted ending balance in the Supplies on Hand account and the Supplies Expense account at December 31. b. Prepare t-accounts showing the transactions during the year, the adjustment to be made at December 31. and the ending balances in Supplies on Hand Supplies Expense. c. Prepare the general journal adjusting entry for December 31