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Question 8 (7 points) On January 7, Bravo purchased supplies on account for $1,000, and recorded this purchase to the Supplies account. At the end

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Question 8 (7 points) 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: include a debit to Supplies for $1,000 include a debit to Supplies Expense for $600 include a credit to Supplies for $400 include a debit to Accounts Payable for $400

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