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    amory's Avatar
    amory Posts: 1, Reputation: 1
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    #1

    Sep 10, 2012, 11:32 AM
    Adjusting Entries for supplies when trail balance was zero
    The trail balance for the supplies account was zero, and the trail balance for supplies expense was $5,200. If the supplies on hand as of December 31st was $780, what are the adjusting entries?
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #2

    Sep 10, 2012, 03:11 PM
    Then you credit one and debit the other
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