Question 3 0.25/1 View Policies Show Attempt History You are viewing Attempt 3 Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1,730. On January 11, the company purchased additional supplies for $2,790 on account. On January 31, there are $1,560 of supplies on hand. Attempts: 3 Part 2 Calculate the amount of supplies used during the month. Supplies used $ Attempts: 0 of 3 Part 3 Part 3 Prepare the adjusting entry required at January 31, assuming adjusting entries are prepared monthly. (Credit account titles are automatically intended when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Cre Jan. 31 Attempts: 0 of 3 used Part 4 Part 4 Using T accounts, enter the opening balances in the affected accounts, post the journal entries above, and indicate the adjusted balance in each account. (Post entries in the order of journal entries presented in the previous question.) Supplies Supplies Expense