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Oriole Company's trial balance at December 31 shows Supplies $8,740 and Supplies Expense $0.On December 31, there are $2,160 of supplies on hand. (a1) Your

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Oriole Company's trial balance at December 31 shows Supplies $8,740 and Supplies Expense $0.On December 31, there are $2,160 of supplies on hand. (a1) Your answer is correct Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Credit Debit Date Account Titles and Explanation Supplies Expense 56580 Dec. 31 56580 Supplies Question 2 of 10 Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in account. (Post entries in the order of journal entries presented in the previous part.) Supplies Supplies Expense Op. Bal 12/31 12/31 Bal Assistand e Textbook and Media List of Accounts

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