Haselhof Company purchases equipment for $2,400 and supplies for $700 from Behrman Co. for $3,100 cash. Recording this transaction will include a

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The transaction involves the purchase of equipment and supplies by Haselhof Company from Behrman Co. for $3,100 cash. To record the transaction, we need to debit Equipment account for $2,400 (the cost of the equipment) and Supplies account for $700 (the cost of the supplies). Since Haselhof paid cash, we need to credit the Cash account for $3,100. There is no need to credit Accounts Payable or Supplies Expense account for Behrman. Therefore, the correct choice is D.

Haselhof Company Purchases Equipment for $2,400 and Supplies for $700