Dawes advertising companys trial balance at december 31

Reference no: EM13603349

Dawes Advertising Company's trial balance at December 31 shows Advertising supplies $8800 and Advertising supplies Expense $0. On December 31 there are $1400 of supplies on hand. Prepare the adjusting entry at December 31 and, using T accounts, enter the balance in the account, post the adjusting entry, and indicate the adjusted balance in each account?

Reference no: EM13603349

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