13. Jones Company Ltd. purchased supplies for $1,000 during 2014. At year-end Jones had $300 of supplies left. The company had no supplies at the beginning of the year. The adjusting entry should (5 Points) O a. debit Supplies, $ 700. O b. debit Supplies Expense, $700. O c. credit Supplies, $300. O d. debit Supplies, $300