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Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1,620.On January 11, the company purchased additional supplies for $2.280 on account. On January

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Sain Advertising Ltd's opening trial balance on January 1 shows Supplies $1,620.On January 11, the company purchased additional supplies for $2.280 on account. On January 31, there are $1,870 of supplies on hand. Part 1 Part 2 Part 3 account titles are automatically Prepare the adjusting entry required at January 31, assuming adjusting entries are prepared monthly. (Credit en 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 Debit Credit Account Titles and Explanation Date Jan. 31

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