Wildhorse Supply records all prepayments in expense accounts and had a balance on January 1,2024 , of $3,000 in the Supplies account. During the year, additional supplies were purchased for cash at cost of $8,700 and recorded to the Supplies Expense account. A physical count of supplies on hand total \$3,680 at December 31,2024 . No adjusting entries have been made until year end. (a) Prepare T accounts for the Supplies and Supplies Expense accounts and enter the January 1, 2024 balance. (If the balance is zero (0), select date from drop down and enter 0 for the amounts.)