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Blossom Company's trial balance at December 31 shows Supplies $9,152


Blossom Company's trial balance at December 31 shows Supplies $9,152 and Supplies Expense $0.On December 31, there are $1,144 of supplies on hand. 


Prepare the adjusting entry at December 31.

Using T-accounts, enter the balances in the accounts, post the adjusting entry, and indicate the adjusted balance in each account.

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