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On January 7, Bravo purchased supplies on account for $1,000,

On January 7, Bravo purchased supplies on account for $1,000, and

recorded this purchase to the Supplies account. At the end of January, Bravo had $600 of these supplies still on hand. The proper adjusting journal entry at January 31 would:
Question 8 options:

include a debit to Supplies for $1,000

include a debit to Supplies Expense for $600

include a debit to Accounts Payable for $400

include a credit to Supplies for $400

 
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