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please help with both thank you! At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $9.500 and Supplies Expense of $0.
please help with both thank you! At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $9.500 and Supplies Expense of $0. On December 31 supplies costing $7.950 are on hand. Required: 1. Prepare the adjusting journal entry on December 31. 2. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the adjusting journal entry on December 31. (if no antequired for a transaction/event, select "No Journal Entry Required the first account find Ver transaction Journal entry worksheet 1 Record the adjusting entry on December 31 WA Date General Journal Debit Credit
please help with both thank you!
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