Masiment sent to Gradebook. Your grade is being recorded Thu Mar 26, 2020, 10:56:19 PM America/New York 04001 Prev 31:19 Hide Timer Question 17 View Policies Current Attempt In Progress On January 1, Bonita's Furniture Repair Shop purchased parts on account for $890. Bonita paid the entire balance on January 31 and recorded the payment by debiting Supplies for $890 and crediting Cash for $890. On the January 31 financial statements assets and liabilities will be understated. expenses and liabilities will be overstated assets and expenses will be understated. assets and liabilities will be overstated Attempts: 0 of 1 used Submit Answer Save for Later Augment sent to Gradebook und being recorded The 62090519 0