Question 17 View Policies Current Attempt in Progress On January 1, Bonita's Furniture Repair Shop purchased parts on account for $890. Bonita paid the entire balance on January 31 and recorded the payment by debiting Supplies for $890 and crediting Cash for $890. On the January 31 financial statements O assets and abilities will be understated. expenses and abilities will be overstated assets and expenses will be understated assets and liabilities will be overstated. Attempts of I used to to Gradebook Your grade recorded