On Feb 18 purchased $487.13 worth of supplies. A physical inventory on 31 Dec recorded supplies = $212.37. Give the needed end of the year adjustment.

Group of answer choices

Feb 18 Dr supplies, Cr cash $487.13

Dec 31 Dr Supplies Expense, Cr Cash $274.76

Dec 31 Dr Supplies Expense, Cr Supplies $274.76

Dec 31 Dr Supplies, Cr Supplies Expense $274.76

Dec 31 Dr Supplies, Cr Cash $274.76