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Greese Company purchased offce supplies costing $7,000 full amount. At the end of the accounting period, a physi revealed $2,500 still on hand. The appropriate

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Greese Company purchased offce supplies costing $7,000 full amount. At the end of the accounting period, a physi revealed $2,500 still on hand. The appropriate adjusingjournal osting $7,000 and debited Supplies for the entry to be made at the count of office supplies end of the period would be: A) debit Supplies Expense, $4,500; credit Supplies, $4,500 B) debit Supplies Expense, S2,500; credit Supplies, $2,500. C) debit Supplies, $2,500; credit Supplies Expense, $2,500. debit Supplies, $4,500; credit Supplies Expense, $4,500 D)

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