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Wow Advertising Company's trial balance at December 31 shows Supplies 6,380...

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Accounting

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Wow Advertising Company's trial balance at December 31 shows Supplies 6,380 and Supplies Expense 0. On December 31, there are E2,839 of supplies on hand. Prepare the adjusting entry at December 31 and, using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Tities and Explanation Dec. 31 Supplies Supplies Expense

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