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7. Rochester Company purchased supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $1,500 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be A. Debit Supplies, $4,500; Credit Supplies Expense, $4,500. B. Debit Supplies Expense, $4,500; Credit Supplies, $4,500. C. Debit Supplies Expense, $1,500; Credit Supplies, $1,500. D. Debit Supplies, $1,500; Credit Supplies Expense, $1,500. 8. Oakland Company paid employee wages on and through Friday, October 25, and the next payroll will be paid in November. There are four more working days in October (28-31). Employees work 5 days a week and the company pays $1,500 a day in wages. What will be the adjusting entry to accrue wages expense at the end of October? A. Salaries and Wages Expense.. Salaries and Wages Payable.. B. Salaries and Wages Expense... Salaries and Wages Payable.. C. Salaries and Wages Expense... Salaries and Wages Payable. D. No adjusting entry is required. 1,500 1,500 6,000 6,000 7,500 7,500