Previous Page Next Page Question 10 (8 points) Page 10 of 16 Prepare the necessary adjusting entries at December 31, 2011, for ABC Company for each of the following situations. Assume that no financial statements were prepared during the year and no adjusting entries were recorded. On January 1, 2011 supplies on hand totaled $15,000. As of December 31, 2011, $6,000 of supplies remained on hand. No purchase of suppliers during 2011. 1) 3) Blank #1 Blank #2 Blank #3 Blank # 4 2)$ 4)$ + Previous Page Next Page Page 10 of 16