Trial balance items for Greenway Corporation appears as follows: $ 600 Cash $ 300 Accounts...

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Accounting

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Trial balance items for Greenway Corporation appears as follows: $ 600 Cash $ 300 Accounts Receivable 522 Prepaid Insurance 82 Supplies 180 Equipment 4,000 Accumulated Depreciation - Equipment Accounts Payable 384 Common Stock 1,200 Retained Earnings 1,400 Service Revenue 3,000 Salaries and Wages Expense 1,000 Rent Expense 500 If, on December 31, 2022, supplies on hand were $40, the adjusting entry would contain a debit to Supplies for $40. credit to Supplies Expense for $140. credit to Supplies for $40. debit to Supplies Expense for $140

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