e Office Supplies account had a balance of $1,200 at the end of November. Based on a year-end count, $400 of supplies are on hand at Dec. 31 . The company made an adjusting entry to record December Supplies Expense of $3,500. Based on this information, which of the following statements is FALSE? Multiple Choice $2,700 of supplies were purchased during December. Supplies has a $400 debit balance on the Dec. 31 adjusted trial balance. Supplies expense wes debited for 53,500 in December. Supplies was debited for $400 in Decernber