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journal entry?? IC question #2 1 10 paints At year-end, there is a $2,500 balance in the supplies account. However, an inventory of the supplies

image text in transcribedjournal entry??
IC question #2 1 10 paints At year-end, there is a $2,500 balance in the supplies account. However, an inventory of the supplies closet revealed that only $750 of supplies remain on hand. Prepare the adjusting Journal entry at December 31, 2018, assuming the company prepares adjusting entries only at year-end if no entry is needed, simply type: No entry needed 00:29:26

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