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Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,200 of

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Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,200 of services on account, and (2) he purchased $4,200 of supplies on account. There were $1,100 of supplies on hand as of December 31, Year 1. Exercise 13-10A Part a, b, and e Required a. b. & e. Record the two transactions in the 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 "01, 62, 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.) Accounts Receivable Supplies Beg Bal Beg Bal End Bal End Bal Accounts Payable Retained Earnings Beg Ball Beg. Bal End. Bal End. Bal Service Revenue Supplies Expense Beg. Bal. Beg Bal End Bal End. Bal

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