1. 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:

1. include a debit to Supplies for $1,000

2. include a credit to Supplies for $400

3. include a debit to Supplies Expense for $600

4. include a debit to Accounts Payable for $400