Select all that apply

$$1,000$ of supplies were purchased at the beginning of the month. $$300$ were used during the month. $($The Supplies account was incjeased at the time of the initial purchase.$)$ Demonstrate the required adjusting journal entry by selecting from the choices below.

Supplies expense would be credited for $$300.$

Supplies expense would be debited for $$700.$

Supplies would be credited for $$300.$

Supplies would be debited for $$300.$

Supplies expense would be debited for $$300.$