Snape Magic Laundry Service purchased $8.500 worth of laundry supplies on June 2 and recorded the purchase as an asset on June 30, entory of the lady sole indicated only $1.500 on hand. The adjusting entry that should be made by the company on June 30 is: O debit Supplies Expense. $7.000, credit Supplies, 57,000 debit Supplies Expense. $1.500, credit Supplies, $1.500. O debit Supplies. 57.000 credit Supplies Expense. 57.000 O debit Supplies. $1.500, credit Supplies Expense, $1,500. Previous