Question 40 (4 points) Family Urgent Care Clinic purchased $8,500 of medical supplies on April 1, 2020. These supplies usually last two to three months, but their office was busier than expected in April due to COVID-19. On April 30, an inventory of the medical supplies showed only $1,500 of the medical supplies still on hand. The adjusting entry that should be made on April 30 by the clinic is: (a) debit Supplies Expense, $1,500; credit Supplies, $1,500. ( b) debit Supplies, $7,000; credit Supplies Expense, $7,000. O c) debit Supplies, $7,000; credit Cash, $7,000. O d) debit Supplies, $1,500; credit Supplies Expense, $1,500. ( e) debit Supplies Expense, $7,000; credit Supplies, $7,000