velue: 4.00 points At December 31, the unadjusted trial balance of H&R; Tacks re

Question

velue: 4.00 points At December 31, the unadjusted trial balance of H&R; Tacks reports Supplies of $9,800 and Supplies Expense of $O.On December 31, supplies costing $8,100 are on hand. 1. Prepare the adjusting journal entry on December 31. (If no entry is required for a transactionlevent select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal 21

Explanation / Answer

Date General Journal Debit Credit December 31 Supplies expense($9,800 - $8,100) $1,700 Supplies $1,700

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