Question 15 (3 points) On January. 12, the company purchased supplies for $3,850 cash, to be used all year. At the end of the year, on December 31, a physical count of remaining supplies showed $800 of supplies remained on hand. There was no beginning balance in the Supplies account for the period. Based on the information provided, . Make the December 31 adjusting journal entry to bring the balances to correct. If journal entry is required, please select at least one debit entry and one credit entry. If journal entry is not required, please select "no entry required". 1. Supplies $800 2. Supplies $3,050 3. Supplies $3,850 Debit 4. Supplies Expense $800 Credit 5. Supplies Expense $3,050