On December 31, the trial balance indicates that the supplies account has a balance, prior to the adjusting entry, of $276. A physical count of the supplies inventory shows that $106 of supplies remain. Question Content Area Analyze this adjustment for supplies using T accounts, and then formally enter this adjustment in the general journal. (Trial balance is abbreviated as TB.) (Balance Sheet) Supplies fill in the blank fffd0eff0fe6f82_2 fill in the blank fffd0eff0fe6f82_4 Bal. fill in the blank fffd0eff0fe6f82_5 (Income Statement) Supplies Expense Adj. fill in the blank fffd0eff0fe6f82_6 Feedback Area Feedback Question Content Area If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 20-- Dec. 31 Supplies Expense Supplies Expense 1 2 Supplies Supplies 2
On December 31, the trial balance indicates that the supplies account has a balance, prior to the adjusting entry, of $276. A physical count of the supplies inventory shows that $106 of supplies remain. Question Content Area Analyze this adjustment for supplies using T accounts, and then formally enter this adjustment in the general journal. (Trial balance is abbreviated as TB.) (Balance Sheet) Supplies fill in the blank fffd0eff0fe6f82_2 fill in the blank fffd0eff0fe6f82_4 Bal. fill in the blank fffd0eff0fe6f82_5 (Income Statement) Supplies Expense Adj. fill in the blank fffd0eff0fe6f82_6 Feedback Area Feedback Question Content Area If an amount box does not require an entry, leave it blank. Page: DATE ACCOUNT TITLE DOC. NO. POST. REF. DEBIT CREDIT 1 20-- Dec. 31 Supplies Expense Supplies Expense 1 2 Supplies Supplies 2
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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On December 31, the
Question Content Area
Analyze this adjustment for supplies using T accounts, and then formally enter this adjustment in the general journal. (Trial balance is abbreviated as TB.)
| ( Supplies |
|||
|---|---|---|---|
|
|
fill in the blank fffd0eff0fe6f82_2 |
|
fill in the blank fffd0eff0fe6f82_4 |
| Bal. | fill in the blank fffd0eff0fe6f82_5 |
| (Income Statement) Supplies Expense |
|||
|---|---|---|---|
| Adj. | fill in the blank fffd0eff0fe6f82_6 |
Feedback Area
Question Content Area
If an amount box does not require an entry, leave it blank.
| DATE | ACCOUNT TITLE | DOC. NO. |
POST. REF. |
DEBIT | CREDIT | ||
|---|---|---|---|---|---|---|---|
| 1 | 20-- Dec. 31 |
|
Supplies Expense | Supplies Expense | 1 | ||
| 2 |
|
Supplies | Supplies | 2 |
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