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Sunland Company purchased office supplies costing $7200 and increase Supplies for the full amount. At the end of the accounting period, a physical count of

Sunland Company purchased office supplies costing $7200 and increase Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2700 still on hand. The appropriate adjustment to be made at the end of the period would be: increase Supplies Expense, $2700; decrease Supplies, $2700. O increase Supplies, $2700; decrease Supplies Expense, $2700. increase Supplies, $4500; decrease Supplies Expense, $4500. O increase Supplies Expense, $4500; decrease Supplies, $4500

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