Question

journal entry worksheet
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an inventory count shows that teaching supplies costing $3,006 are available at year - end.
note: enter debits before credits.
transaction general journal debit credit
b

Explanation:

Step1: Identify the accounts involved

The asset account 'Teaching Supplies' is affected. Since there are supplies available at year - end, we need to adjust the account to reflect the correct balance.

Step2: Determine the journal entry

We debit the 'Teaching Supplies' account to increase its balance to the actual amount on hand at year - end.
Debit: Teaching Supplies $3,006
Credit: No entry is provided in the problem statement for this single - sided information, but if there was a pre - adjusted balance in a related account like 'Teaching Supplies Expense' that needed to be adjusted, we would credit that account. For now, assuming no other information, we just record the debit.

Answer:

Transaction	General Journal	Debit	Credit