Makn sure to incluse the beginning balance and purchate of olfice supples in the OAice Supplins T-ascount. Now past the asfusting entry io the Crich Suspias and Susples Expente Traocourts. Experes Tascount Requatemem 2. Compare the exding tolancis of the Tacocunts under both apptaches. Are Dey the same? Expense T-account. Enter the beginning balances on the first line of each account. Use a "Jan. 1" reference to show the beginning balance. Mafte sure to include the purchase of off adjusting entry. Use a "Bal." reference to show the ending balance of each account. (For accounts with a \$o unadjusted beilance, make sure to enter "0" on the n Requirement 3. Compare the ending balances of the T-accounts under both approaches. Are they the same? The ending balances in the Office Supplies account and the Supplies Expense account are which of the two approaches is used. Requirements 1. Record the adjusting entry assuming that Rocket records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include the beginning balance and purchase of office supplies in the Office Supplies T-account. 2. Record the adjusting entry assuming that Rocket records the purchase of office supplies by initially debiting an expense account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include the beginning balance in the Office Supplies T-account, and the purchase of office supplies in the Supplies Expense T-account