The policy at Adler Corporation is to expense all office supplies at the time of purchase. On the last day of the accounting period, there are $1,100 of unused office supplies on hand and the balance of supplies expense is $3,500. What should the accountant do? Debit Supplies and credit Supplies Expense for $1,100. Nothing, company policy says to expense supplies when purchased. Convince management to change its policy to avoid problems in the future. Debit Supplies Expense for $2,400 and credit Supplies for $2,400. D)