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The trial balance for Windsor, Inc. appears as follows: Windsor, Inc. Trial Balance December 31, 2022 Cash $310 Accounts Receivable 543 Prepaid Insurance 85 Supplies

The trial balance for Windsor, Inc. appears as follows:

Windsor, Inc.
Trial Balance
December 31, 2022
Cash $310
Accounts Receivable 543
Prepaid Insurance 85
Supplies 187
Equipment 4160
Accumulated Depreciation, Equipment $620
Accounts Payable 399
Common Stock 1250
Retained Earnings 1460
Service Revenue 3116
Salaries and Wages Expense 1040
Rent Expense 520
$6845 $6845

If, on December 31, 2022, supplies on hand were $42, the adjusting entry would contain a:

credit to Supplies for $42.

debit to Supplies Expense for $145.

credit to Supplies Expense for $145.

debit to Supplies for $42.

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