Try another version of these questions June 1, Canadian Enterprises had a beginning balance in the Office Supplies account of $1,400. During the month, Canadian Enterprises purchased office supplies for $1,830. June 30, Canadian Enterprises had office supplies of $2,170 on hand. A. Open the Office Supplies T account, and enter the beginning balance and purchase of office supplies and the end total of the beginning balance. B. Record the adjusting entry required at June 30. C. Post the adjusting entry to the two accounts involved, and show their balances at June 30. Fly Away Travel borrowed $24,100 on August 1, 2019, by signing a one-year note payable to Region One Bank. Fly Away Travel's interest expense on the note payable for the remainder of the fiscal year (August through October) is $469. A. Record the adjusting entry to accrue interest expense at October 31, 2019. B. Post the adjusting entry to the T accounts of the two accounts affected by the adjustment. Debit Credit Double line Double line Date Description Debit Credit June 30 June 30 Debit Credit Double line Double line Debit Credit Double line Double line Debit Credit 1,400 1,830 Double line3,230 Double line Date Description Debit Credit June 30 Supplies Expense 1,060 June 30 Office Supplies 1,060 Debit Credit 1,400 1,060 1,830 Double line2,170 Double line Debit Credit 1,060 Double line1,060 Double line Date Description Debit Credit October 31 October 31 Debit Credit Double line Double line Debit Credit Double line Double line Date Description Debit Credit October 31 Interest Expense 469 October 31 Interest Payable 469 Debit Credit 469 Double line Double line469 Debit Credit 469 Double line469 Double line
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