Journal entries for office supply inventories. On January 1, Year 4, the Office Supplies Inventory account of Kelly Services Company had a balance of \(\$ 48,700\). During the ensuing quarter, Kelly Services Company purchases supplies on account for \(\$ 137,900\). On March 31, Year 4, it finds that inventory still on hand amounts to \(\$ 37,400\). Present journal entries to record these acquisitions and adjustments at the end of March in accordance with each of the following sets of instructions, which might be established in an accounting systems manual.

a. Debit an asset account at the time Kelly Services acquires supplies.

b. Debit an expense account at the time Kelly Services acquires supplies.