The Supplies account has a trial balance of $3,226. A year-end inventory shows $1,752 worth of supplies left at the end of the year. The correct adjusting entry is:
debit Supplies Expense $3,226; credit Supplies $3,226
debit Supplies Expense $1,752; credit Prepaid Supplies $1,752
debit Supplies $1,474; credit Supplies Expense $1,474
debit Supplies Expense $1,474; credit Supplies $1,474
