At the Beginning of the Year, a Business Had Office

Multiple Choice

At the beginning of the year, a business had office supplies on hand in the amount of $35,000. During the year, the business acquired additional supplies in the amount of $27,000. At year-end, in anticipation of preparing financial statements, the business took an inventory of its office supplies and found that the amount on hand was $19,000. What journal must be made to record the business' use of office supplies during the year?

A) Debit office supplies and credit office supplies expense for $19,000.
B) Debit office supplies and credit office supplies expense for $43,000.
C) Debit office supplies expense and credit office supplies for $43,000.
D) Debit office supplies expense and credit office supplies for $8,000.