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Question 32 2.7 pts The Supplies account had a $4.000 debit balance at the beginning of the year: and $15,400 of supplies were purchased during

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Question 32 2.7 pts The Supplies account had a $4.000 debit balance at the beginning of the year: and $15,400 of supplies were purchased during the year. The December 31st physical count showed $1,200 of supplies available. Prepare the journal entry to record the supplies used during the year. Which account would be debited and which account would be credited for this transaction? Also, please be sure to select the correct amount. Debit: Supplies Credit: Supplies expense Amount: $18,200 [ Select) $15.400 $19,400 $4,000 $18.200 $1.200 $12,400

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