On March 8, Saltwater Taffy Company bought supplies on account from the Sweet Honey Company for $440. Saltwater Taffy Company incorrectly debited Equipment for $400 and credited Accounts Payable for $400. The entries have been posted to the ledger. The correcting entry should be Select one: 440 Supplies........ Accounts Payable.......... 440 Supplies..... 440 Equipment...... Accounts Payable... 400 40 440 c. Supplies..... Accounts Payable.. Equipment...... 400 40 440 Supplies....... Equipment...... 440