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Prepare the t-accounts for each account

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Question - At December 31, the unadjusted trial balance of H and R Tachs reports supplies of $9800 and supplies expense of $0. On December 31, supplies costing $8100 are on hand.

a. Prepare the adjusting journal entry on December 31.

b. Prepare the T-accounts for each account, enter the unadjusted balances, post the adjusting journal entry, and report the adjusted balance.

Reference no: EM132069432

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