On August 1, supplies were urchaed; accounts payable was debited and supplies credited for $1,500. The accout was due in October, and $700 of these supplies were on hand at the end of august. The entry to correct the account at August 31:

A. Requires a debit to supplies for $700

B. Requires a credit to supplies for $700

C. Requires a debit to supplies for $2,000

D. Rquires a credit to Accounts Payable for $1,500

E. None of these