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Pina Colada Corp Trial Balance December 31, 2022 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Common Stock Retained Earnings Service

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Pina Colada Corp Trial Balance December 31, 2022 Cash Accounts Receivable Prepaid Insurance Supplies Equipment Accumulated Depreciation, Equipment Accounts Payable Common Stock Retained Earnings Service Revenue Salaries and Wages Expense Rent Expense $260 459 72 158 3520 $530 338 1060 1230 2631 880 440 $5789 $5789 If, on December 31, 2022, supplies on hand were $35, the adjusting entry would contain a: O debit to Supplies Expense for $123 O credit to Supplies Expense for $123. O debit to Supplies for $35. O credit to Supplies for $35

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