If the accountant failed to make an adjusting entry at the end of the period to record depreciation for the period, the omission will cause Select one tion a. an understatement of assets an overstatement of expenses an overstatement of revenues d. an overstatement of assets an overstatement of liabilities Mindy Company had a balance of $4,600 of office supplies on July 1, 2016. The company then bought $3,000 of supplies on July 15, 2016. On July 31, 2016, the at the end of July 2016, the company had $2,200 of supplies left. When preparing the adjusting entry, how was the office supplies account recorded? Select one: O a. a debit to office supplies for $2,200 ob. a credit to office supplies expense for $2,200 O c. a credit to office supplies account for $5,400 O d. a debit to office supplies account for $5,400