Swanger Corp. had $2,000 in supplies on hand at the beginning of January. During the year, the company purchased supplies that totaled $3,000. At the end of the year a physical count of supplies yielded $800 on hand. What is the appropriate year-end adjusting entry?

Group of answer choices

Debit Cash $3,000, credit Supplies $3,000.

Debit Supplies Expense $800, credit Supplies $800.

Debit Supplies $4,200, credit Cash $4,200.

Debit Supplies Expense $4,200, credit Supplies $4,200.