The Office Supplies account had a $380 debit balance at the beginning of the year; and $2,680 of office supplies were purchased during the year. The December 31 physical count showed $448 of supplies available. Note: Enter debits before credits. Transaction General Journal Debit Credit C.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter17: Accounting For Notes And Interest
Section: Chapter Questions
Problem 10SPB: NOTES RECEIVABLE ENTRIES M. L. DiMaurizio had the following notes receivable transactions: REQUIRED...
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How do we adjust an account for supplies? 

Journal entry worksheet
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The Office Supplies account had a $380 debit balance at the beginning of the
year; and $2,680 of office supplies were purchased during the year. The
December 31 physical count showed $448 of supplies available.
Note: Enter debits before credits.
Transaction
General Journal
Debit
Credit
С.
Record entry
Clear entry
View general journal
Transcribed Image Text:Journal entry worksheet 1 2 4 5 6 > The Office Supplies account had a $380 debit balance at the beginning of the year; and $2,680 of office supplies were purchased during the year. The December 31 physical count showed $448 of supplies available. Note: Enter debits before credits. Transaction General Journal Debit Credit С. Record entry Clear entry View general journal
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