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Wow Advertising Company's trial balance at December 31 shows Supplies 67,668 and Supplies Expense 60. On December 31, there are 2,573 of supplies on hand.
Wow Advertising Company's trial balance at December 31 shows Supplies 67,668 and Supplies Expense 60. On December 31, there are 2,573 of supplies on hand. Prepare the adjusting entry at December 31 and using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Det Credit Date Account Tries and Explanation Dec 31 Supplies Expense Supplies Supplies 12/31 Bal. 12/31 12/31 Bal. Supplies Expense 12/31
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