The Firm-Accountants Trial Balance at 30 June 2024 (Extract) Chart of Account Account DR CR Paper Supplies on Hand 17,000 130 After an inspection and before any adjustment to the trial balance paper supplies was audited by the Accountant of The Firm-Accountants and it was estimated that Paper Supplies on Hand amounted to $9,500. What would be the general journal entry to record the adjustment as at the 30 June 2024? O Debit (DR): Paper Supplies on Hand $9,500 and Credit (CR): Paper Supplies expense $9,500.O Debit (DR): Paper Supplies on Hand $7,500 and Credit (CR): Paper Supplies expense $7,500.O Debit (DR): Paper Supplies expense $7,500 and Credit (CR): Paper Supplies on Hand $7,500O Debit (DR): Paper Supplies expense $9,500 and Credit (CR): Paper Supplies on Hand $9,500.O Debit (DR): Paper Supplies expense $17,000 and Credit (CR): Paper Supplies on Hand $17,000.