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Oriole Advertising Company's trial balance at December 31 shows Supplies $8,820 and Supplies Expense $0....

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Accounting

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Oriole Advertising Company's trial balance at December 31 shows Supplies $8,820 and Supplies Expense $0. On December 31 , there are $2,080 of supplies on hand. (a1) Your answer is correct. Prepare the adjusting entry at December 31. (List debit entry before credit entry. 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 tither and a...... n. Your answer is partially correct. Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account

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