Multiple Choice Question 146 The trial balance for Sunland Company appears as follows Sunland Company Trial Balance December 31, 2017 $350 606 95 209 4640 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense $700 445 1390 1620 3485 1160 580 $7640 $7640 If, on December 31, 2017, supplies on hand were $46, the adjusting entry would contain a credit to Supplies Expense for $163. debit to Supplies for $46 credit to Supplies for $46 debit to Supplies Expense for $163