Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

At year$-$end there is a $$2,700$ debit balance in the Supplies $($asset$)$ account. Only $$1,000$ of supplies remains on hand at the end of the year. Prepare the adjusting entry at December $31.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$December $31,,,],[,,,],[,,,],[,,,],[,,,]]$