Majan Company purchased supplies costing R.0 3.750 on January 1, 2011 and recorded the transaction by increasing assets. At the end of the year R0.1.950 of the supplies are still on hand. How will the adjusting entry impact Majan Company's statement of financial position at December 31, 2017 Select one a Decreased Equity R.0.1,800 b Decreased Assets R0.1,950 e c. Increased Net Income R.O. 1,800. d Increased Assets R.O. 1,800