Ibra Co. purchased advertising supplies costing OMR 50,000 on May 7. An inventory count at the close of business on May 31 reveals that OMR 20,000 of the advertising supplies are still on hand. The...

Extracted text: Ibra Co. purchased advertising supplies costing OMR 50,000 on May 7. An inventory count at the close of business on May 31 reveals that OMR 20,000 of the advertising supplies are still on hand. The :adjustment entry will be اخترأحد الخيارات a. None of the answers are correct b. DEBIT Advertising supplies expenses OMR 30,000 and CREDIT Inventory OMR 30,000 c. DEBIT Advertising supplies OMR 20,000 and CREDIT Advertising supplies expenses OMR 20,000 d. DEBIT Advertising supplies expenses OMR 30,000 and CREDIT Advertising supplies OMR 30,000 e. DEBIT Inventory OMR 20,000 and CREDIT Advertising supplies OMR 20,000