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D Question 10 3 pts The Cheyenne Corp. purchased $7480 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $1320 on hand. The adjusting entry that should be made by the company on June 30 is: O debit Supplies, $6160; credit Supplies Expense, $6160. O debit Supplies Expense, $1320; credit Supplies, $1320. O debit Supplies, $1320; credit Supplies Expense, $1320. O debit Supplies Expense, $6160; credit Supplies, $6160