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The office supplies inventory account of Canada Traders shows a balance of $3 200 on 31 December 2020. Office supplies of $1 100 were issued

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The office supplies inventory account of Canada Traders shows a balance of $3 200 on 31 December 2020. Office supplies of $1 100 were issued to employees in the 12 months up to 31 December 2020. After adjustment on 31 December 2020, the close of the annual accounting period: Select one: a. office supplies expense in the income statement is $3 200 and office supplies inventory in the balance sheet is $0. b. office supplies expense in the income statement is $1 100 and office supplies inventory in the balance sheet is $2100 c. office supplies expense in the income statement is $2 100 and office supplies inventory in the balance sheet is $1 100. o d. office supplies expense in the income statement is $0 and office supplies inventory in the balance sheet is $3 200

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