A total of $4,000 in supplies was purchased during the year. At the end of the year $1,020 of the supplies were left. The adjusting entry needed at the end of the year is: Multiple Choice O debit Supplies Expense $4,000, credit Supplies $4,000 0 debit Supplies Expense $2,980, credit Supplies $2.980 debit Supplies Expense S1020. Credit Supplies $1020 O debit Supples $2.980, credit Supplies Expense $2.980