What Effect Will This Adjusting Journal Entry Have on the Accounting

Multiple Choice

What effect will this adjusting journal entry have on the accounting records? $$\begin{array} { | c | l | l | } \hline \text { Supplies Expense } & 760 & \\\hline \text { Supplies } & & 760 \\\hline\end{array}$$

A) increase income
B) decrease net income
C) decrease expenses
D) increase assets