HELP! Adjustment for Supplies On December 31, the trial balance...
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Accounting
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Adjustment for Supplies On December 31, the trial balance indicates that the supplies account has a balance, prior to the adjusting entry, of $330. A physical count of the supplies inventory shows that 570 of supplies remain Analyze this adjustment for supplies using Taccounts, and then formally enter this adjustment in the general Journal (Trial balance is abbreviated as TB.) (Balance Sheet) Supplies Bal. (Income Statement) Supplies Expense Adi Page: ACCOUNT TITLE DOC. POST. NO. REF. DATE DEBIT CREDIT 1 20- Dec. 31 1 2
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