Blossom Supply records all prepayments in expense accounts and had a balance on January 1,...
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Blossom Supply records all prepayments in expense accounts and had a balance on January 1, 2024, of $3,000 in the Supplies account. During the year, additional supplies were purchased for cashat a cost of $8,800 and recorded to the Supplies Expense account. A physical count of supplies on hand total $3,630 at December 31,2024 . No adjustingentries have been made until year end. Prepare Taccounts for the Supplies and Supplies Expense accounts and enter the January 1, 2024 balance, Iff the bolance is zero (0) select date from drop down and enter O for the amounts.) theles and enter 0 for the amounts Ust debit entyy before oredir entryd. for the gccount titier and enter of for the onvunts the detite enter tiefore onalt entrye Supplies Jan. 1 Bal. Supplies Expense
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