Vaughn Advertising Company's trial balance at December 31 shows Supplies $8,790 and Supplies Expense $0. On December 31, there are $2,110 of supplies on hand. (a1) Your answer is correct. Prepare the adjusting entry at December 31. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Dec. 31 Supplies Expense Supplies Debiti Credit 6680 6680 Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. Supplies 0 12/31 Adj. 12/31 Bal. Supplies Expense