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Record the appropriate journal entry to reflect the following: The dollar value of supplies on hand at (December 31, 20XX) year-end = $5,250, this was

Record the appropriate journal entry to reflect the following: The dollar value of supplies on hand at (December 31, 20XX) year-end = $5,250, this was determined after taking a physical inventory. Make the appropriate adjustment based on the information given to you in the following partial Trial Balance sheet from Veggies-R-Us, Inc. Veggies-R-Us. Trial Balance December 31, 20XX

Cash $26,750 - Debit

Accounts receivable 47,630 - Debit

Allowance for doubtful accounts 250 - Debit

Prepaid rent 1,680 - Debit

Supplies 8,700 - Debit

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