M4-18 Preparing and Posting Adjusting Journal Entries [LO 4-2] At December 31, the unadjusted trial balance of H&R Tacks reports Supplios of $8.200 and Supplies Expense of $0. On December 31, supplies costing S7300 are on hand. 1. Prepare the adjusting journal entry on December 31. (f no entry is required for a transactionievent. select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31. Note: Enter debits before credits. Date Debit Credit December 31 Record entry Clear entry View general journal 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Beg. Bal. Beg. Bal. End. Bal End. Bal References eBook & Resources