value 0.50 points M4-18 Preparing and Posting Adjusting Journal Entries LO 4-2] At December 31, the unadjusted trial balance of H&R Tacks reports Supplies of $9,200 and Supplies Expense of $0. On December 31, supplies costing $7,800 are on hand 1. Prepare the adjusting journal entry on December 31. (fi no entry is required for a transactionlevent, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31 Note: Enter debits before credits Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Type here to search