Question: Need help calculating and using these are the drop down options Adjustment for Prepaid Expense The supplies account had a beginning balance of $8,290 and

 Need help calculating and using these are the drop down options

Need help calculating and using these are the drop down options Adjustment for Prepaid Expense The supplies account had a beginning balance of$8,290 and was debited for $3,560 for supplies purchased during the year.

Adjustment for Prepaid Expense The supplies account had a beginning balance of $8,290 and was debited for $3,560 for supplies purchased during the year. Journalize the adjusting entry required at the end of the year, assuming the amount of supplies on hand is $2,610. Accounts Payable Accounts Receivable Cash Insurance Expense Insurance Payable Insurance Revenue Supplies Expense Accounts Payable Accounts Receivable Cash Insurance Payable Insurance Revenue Prepaid Expense Supplies

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