The entry to record the purchase of a machine on account that costs $15,000,installation costs,$1,500,and freight,$700,would be:
A) debit Machinery $15,000;credit Accounts Payable $15,000.
B) debit Machinery $15,000;debit Expenses 2,200;credit Accounts Payable $17,200.
C) debit Machinery $17,200;credit Accounts Payable $17,200.
D) debit Machinery $16,500;debit Freight Expense 700;credit Accounts Payable $17,200.
Correct Answer:
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