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Waterway Advertising Ltd . ' s opening trial balance on January 1 shows Supplies $ 1 , 3 8 0 . On January 1 1

Waterway Advertising Ltd.'s opening trial balance on January 1 shows Supplies $1,380. On January 11, the company
purchased additional supplies for $1,950 on account. On January 31, there are $1,160 of supplies on hand.
(a)
Your answer is correct.
Prepare the journal entry to record the purchase of supplies on January 11.(Credit account titles are
automatically indented when amount is entered. Do not indent manually. List debit entry before
credit entry. If no entry is required, select "No Entry" for the account titles and enter 0 for the
amounts.)
eTextbook and Media
List of Accounts
Attempts: 2 of 3 used
(b)
Calculate the amount of supplies used during the month.
Supplies used $
eTextbook and Media
List of Accounts
Attempts: 0 of 3 used
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