Part A & B please

involved, and show their balances at December 31. East and West adjusts the accounts only at December 31, the end of its fiscal year. balances at December 31. Assume no beginning balance in supplies. involved, and show their balances at December 31. East and West adjusts the accounts only at December 31, the end of its fiscal year. Prepare the adjusting journal entry to record the rent expense at December 31. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Post the December 1 and 31 transactions to the following T-accounts. Be sure to calculate the ending balance of the accounts