Instructions: Record AJE at 12/31 and the initial or subsequent JE for each assuming no previous AJE has been made. For more practice do Quick Study 3-6 in the back of chapter 3 in your textbook. 1B - Prepaid Expense: Paid cash for $600 in supplies to use during the year on 10/1. At year-end there was $120 in supplies on hand. General Journal Account Name Ref Debit Credit Date 10/1 Initial JE AJE 12/31 Supplies 0 Supplies Expense 0 Bal. used purchases adj. balance 0 adj. balance 0