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Sandhill Co.'s trial balance at December 31 shows Supplies $8,920 and Supplies Expense $0. On December 31, there are $1,980 of supplies on hand. Prepare

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Sandhill Co.'s trial balance at December 31 shows Supplies $8,920 and Supplies Expense $0. On December 31, there are $1,980 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent m required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Depreciation Expense Accumulated Depreciation-Equipment Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Post entries in the a presented in the previous part.) Supplies Supplies Expense Brief Exercise 4-4 Sandhil Co.s trial balance at December 31 shows Supolies $8.920 and Supplies Expense $0, On December 31, there are $1,980 of supplies on hand Prepare the adjusting entry at December 31. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If nd

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