The Wings Company$/$s fiscal year ends on December $31$st$.$ At the end of December, $2023,$ the Wings find that

totaling $$1,776$ were purchased.

Provide the adjusting entry necessary for Wings Company at December $31,2023$ for the wages the usage of supplies.

Provide the effects of the adjusting entry on the financial statements below. Use $($I$)$ for increase

$($D$)$ for decrease and $($NE$)$ for no effect.The wings company's fiscal year ends on December $31$st$.$ At the end of December, $2023,$ the Wings find that teh suppies on hand totals $$142.$ Supplies at January $1$st$,2023,$ were $$262.$ During the year supplies totaling $$1776$ were purchased.

Provide the adjusting necessary for Wings Company at December $31,2023,$ for the wages the usage of supplies.

Provide the effects of the adjusting entry on the financial statements below.