A Company purchased $8,000 worth of supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the supplies indicated only $3,000 on hand. The adjusting entry that should be made by the company on June 30 is a. Debit Supplies Expense, $3,000; Credit Supplies, $3,000. b. Debit Supplies, $3,000; Credit Supplies Expense, $3,000. C. Debit Supplies, $5,000; Credit Supplies Expense, $5,000 d. Debit Supplies Expense, $5,000; Credit Supplies, $5,000. Select one: D final draft.docx 24 A MacBook Pro c G Search or type URL