Required information Exercise 13-10A (Algo) Recording supplies and identifying their effect on financial statements LO 13-1, 133,134 [The following information applies to the questions displayed below.] Sye Chase started and operated a small famlily architectural firm in Year 1 . The firm was affected by two events: (1) Chase provided $19,300 of services on account, and (2) he purchased $3,000 of supplies on account. There were $850 of supplies on hand as of December 31 , Year 1. Exercise 13-10A (Algo) Part a, b, and e Required a. b. \& e. Record the two transactions in the T-accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post-closing trial balance. (Select "a1, a2, or b" for the transactions in the order they take place. Select "el" for closing entries. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. b. \& e. Record the two transactions in the T-accounts. Record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. Post the entries in the T-accounts and prepare a post-closing trial balance. (Select "a1, a2, or b" for the transactions in the order they take place. Select "cl" for closing entries. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 2 Journal entry worksheet Record the closure of supplies expenses. Note: Enter debits belore credits. Record entry Clear entry Viow general journal