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Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expense Office Supplies A T is drawn. The vertical line divides the account into its left and right sides. The left side of the T-account is called the debit side and the right side is called the credit side. The account name is at the top, above the horizontal line.

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Tundexi

Answer:

Deferrals / Prepaid  

              Supplies Expense

Date        Debit        Credit      Date

31-Dec    $4,940

Balance $4,940

                 Office Supplies

Date        Debit        Credit      Date

31-Dec    $9,200      $4,940    31-Dec

Balance  $4,260

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