Skysong, Inc.purchased office supplies costing $5740and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2050still on hand. The appropriate adjusting journal entry to be made at the end of the period would be:

debit Supplies, $3690; credit Supplies Expense, $3690.

debit Supplies, $2050; credit Supplies Expense, $2050.

debit Supplies Expense, $3690; credit Supplies, $3690.

debit Supplies Expense, $2050; credit Supplies, $2050.