On January 1, 2018 Baztara company had a balance of $40,000 in office supplies. on January 14, the company purchased office supplies for $16,000 cash and debited supplies for the full amount. At January 31, a physical count of supplies showed that supplies of $18,000 were still on hand. The appropriate adjusting entry on January 31 would be; Select one: Debit Office Supplies, $38,000; Credit Office Supplies Expense, $38,000. Debit Office Supplies, $18,000; Credit Office Supplies Expense, $18,000. Debit Office Supplies Expense, $38,000; Credit Office Supplies, $ 38,000. Debit Office Supplies Expense, $18,000; Credit Office Supplies, $18,000