During a company's first year of operations, the asset account, Office Supplies, was debiled for $3.600 for the purchases of supplies. At year-end, a ptrysical count of the supplies on hand revealed that \$1,475 of unused supplies were avallable for future use. How will the related adjusting enitry affect the company's financiai statements? Muttiple Choice Eperses and assets will both inciease by $2125. Expentes will increase and ossets wal decresse by 52.125 Assets and ergenses will both increose by $1,4/5 : The risoted adjusting entry has no ettect on thet income or the accounting equstion