Speedy Clean Laundry Purchased € 6,500 Worth of Laundry Supplies

Speedy Clean Laundry purchased € 6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset.On June 30, an inventory of the laundry supplies indicated only € 1,500 on hand.The adjusting entry that should be made by the company on June 30 is

A) Debit Laundry Supplies Expense, € 1,500; Credit Laundry Supplies, € 1,500.
B) Debit Laundry Supplies, € 1,500; Credit Laundry Supplies Expense, € 1,500.
C) Debit Laundry Supplies, € 5,000; Credit Laundry Supplies Expense, € 5,000.
D) Debit Laundry Supplies Expense, € 5,000; Credit Laundry Supplies, € 5,000.