On November $1,$ Candid Equipment had a beginning balance in the Supplies account of $$1,800.$ During the month, Candid Equipment purchased $$2,100$ of supplies. At November $30,$ Candid Equipment had $$1,700$ of supplies on hand.

Requirements

Record the adjusting entry required at November $30.$

The Supplies T$-$account has been opened for you. Enter the beginning balance and purchase of supplies. Post the adjusting entry to the two accounts involved, and show their balances at November $30.$

Requirement $1.$ Record the adjusting entry required at November $30.($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,$],[$Nov$.30,,,$Credit$],[,,,],[,,,]]$

Requirement $2.$ The Supplies T$-$account has been opened for you. Enter the beginning balance and purchase of supplies. Post the adjusting entry to the two accounts involved, and show their balances at Nor $30.$

Use "Nov. $1"$ as a posting reference to enter the beginning balance of the Supplies account, and use "Nov. purchases" as a posting reference to post the purchase of office supplies during the month. Select the account name of the other account affected by the Supplies adjustment. Post the adjustment to the two accounts using a "Nov. $30"$ posting reference, and then calculate and enter the ending balance of the accounts using a "Bal." posting reference.

Supplies

On November $1,$ Candid Equipment had a beginning balance in the Supplies account of $$1,800.$ During the month, Candid Equipment purchased $$2,100$ of supplies. At November $30,$ Cand Equipment had $$1,700$ of supplies on hand.

Requirements

Record the adjusting entry required at November $30.$

The Supplies T$-$account has been opened for you. Enter the beginning balance and purchase of supplies. Post the adjusting entry to the two accounts involved, and show their balances a November $30.$

Nov. $30$

Requirement $2.$ The Supplies T$-$account has been opened for you. Enter the beginning balance and purchase of supplies. Post the adjusting entry to the two accounts involved, and show their balances at November $30.$

Use "Nov. $1"$ as a posting reference to enter the beginning balance of the Supplies account, and use "Nov. purchases" as a posting reference to post the purchase of office supplies during the montl Select the account name of the other account affected by the Supplies adjustment. Post the adjustment to the two accounts using a "Nov. $30"$ posting reference, and then calculate and enter the ending balance of the accounts using a "Bal." posting reference.

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