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Oriole Companys trial balance at December 31 shows Supplies $8,860 and Supplies Expense $0. On December 31, there are $2,040 of supplies on hand. Prepare

Oriole Companys trial balance at December 31 shows Supplies $8,860 and Supplies Expense $0. On December 31, there are $2,040 of supplies on hand.

Prepare the adjusting entry at December 31.

Date

Account Titles and Explanation

Debit

Credit

Dec. 31

enter an account title for the journal entry on December 31

enter a debit amount

enter a credit amount

enter an account title for the journal entry on December 31

enter a debit amount

enter a credit amount

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