The Balance in the Supplies Account Before Adjustment at the End

Multiple Choice

The balance in the supplies account before adjustment at the end of the year is $6,250. The proper adjusting entry if the amount of supplies on hand at the end of the year is $1,500 would be

A) debit Supplies, $1,500; credit Supplies Expense, $1,500
B) debit Supplies Expense, $4,750; credit Supplies, $4,750
C) debit Supplies Expense, $1,500; credit Supplies, $1,500
D) debit Supplies, $4,750; credit Supplies Expense, $4,750