Zim company has a supplird account balance of $8400 at the beginning of the year. During th year, it purchases $3700 of supplies. As of Decmeber 31, a physical count of supplies shows $1650 of supplies available.

b. Zm Company has a Supplies account balance of $8,400 at the beginning of the year. During the year, it purchases $3,000 or supplies. As of December 31 , a physical count of supplies shows $1,650 of supplies available. Prepare the your-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies account and the Supplies Expense account as of December 3t Journal entry worksheet Record the woplies used during the thar. Note Enter inbs tehore oedn b. Zm Company has a Supplies account balance of $8,400 at the beginning of the year. During the year, it purchases $3,000 or supplies. As of December 31 , a physical count of supplies shows $1,650 of supplies available. Prepare the your-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies account and the Supplies Expense account as of December 3t Journal entry worksheet Record the woplies used during the thar. Note Enter inbs tehore oedn