A firm paid $9,000 for supplies during the accounting period. At the end of the accounting period, the firm had $5,800 of supplies on hand. What adjustment is entered on the worksheet?
a. Supplies is debited for $3,200 and Supplies Expense is credited for $3,200.
b. Supplies Expense is debited for $3,200 and Supplies is credited for $3,200.
c. Supplies is debited for $9,000 and Supplies Expense is credited for $9,000.
d. Supplies Expense is debited for $5,800 and Supplies is credited for $5,800.