4. A firm paid $3,000 for supplies during the accounting period. At the end of the accounting period, the firm had $1,500 of supplies on hand.

What adjustment is entered on the worksheet?

a. Supplies is debited for $1,500 and Supplies Expense is credited for $1,500.

b. Supplies Expense is debited for

$1,500 and Supplies is credited for $1,500.

c. Supplies is debited for $3,000 and Supplies Expense is credited for $3,000.

d. Supplies Expense is debited for $3,000 and Supplies is credited for $3,000.