25 Not yet Post of 50 Fq During the first year of Wilkinson Company's operations, it purchased Supplies in the amount of $28,800. Actual physical count indicates year-end supplies amounted to $6,600. The adjusting entry for store supplies will Select one: a. increase net income by $22,200. b. increase expenses by $22,200. c. decrease supplies by $6,600. d. debit Accounts Payable for $6,600