Brief Exercise 4-4 Oriole Company's trial balance at December 31 shows Supplies $8,860 and Supplies...
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Accounting
Brief Exercise 4-4 Oriole Company's trial balance at December 31 shows Supplies $8,860 and Supplies Expense $0. On December 31, there are $2,040 of supplies on hand. Prepare the adjusting entry at December 31. (Credit account titles are automatically Indented when the amount Is entered. Do not Indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 LIST OF ACCOUNTS Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Post entries in the order of journal entries presented in the previous part.) Supplies Supplies Expense
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