Question 41 (4 points) Items 41 to 45 relates to the Golden Rams Company. Golden Rams Company adjusts its accounting books each December 31. It is now December 31, 2020. On January 1, 2020, Golden Rams Company purchase $10,000 of supplies and charged that amount to "Office Supplies". An inventory taken on December 31 shown that Golden Rams Company had $3,000 of office supplies on hand. The adjusting entry needed at December 31, 2020 is Debit--Supplies Expense, 7,000; Credit- - Office Supplies, 7,000. Debit- - Office Supplies, 4,000; Credit- - Supplies Expense, 4,000 Debit--Supplies Expense, 3,000; Credit- - Office Supplies, 3,000. Debit--Office Supplies, 10,000; Credit- - Accounts Payable, 10,000