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ABC company Purchased $17,000 of supplies. On January 31, determined that $3,000 of supplies were on hand. The adjusting entry should be recorded on January

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ABC company Purchased $17,000 of supplies. On January 31, determined that $3,000 of supplies were on hand. The adjusting entry should be recorded on January 31. Is Dr. Supplies 14000 Cr. Supplies Expense 14,000.A O Dr. Supplies Expense 14.000 Cr. Cash 14000.B O Dr. Supplies Expense 14,000 Cr. Supplies 14000.CO None of the above .DO

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