QUESTION 57 During 2004, $100 of supplies were purchased and debited to an asset account, Supplies. If on December 31, 2004, supplies on hand were $10, the adjusting entry would contain: debit to Supplies Expense for $90. a credit to Supplies Expense for $90 a credit to Supplies Expense for $10. a debit to Supplies Expense for $10. none of the above