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Christopher Company Purchased $20,000 of Equipment for Cash  Cash 20,000 Equipment 20,000\begin{array} { l r l } \text { Cash } & 20,000 \\\text { Equipment } & 20,000\end{array}

Question 73

Multiple Choice

Christopher Company purchased $20,000 of equipment for cash. The correct entry to record the purchase of equipment is


A)
 Cash 20,000 Equipment 20,000\begin{array} { l r l } \text { Cash } & 20,000 \\\text { Equipment } & 20,000\end{array}
B)
Equipment 20,000\quad 20,000
Accounts Payable 20,000\quad 20,000
C)
 Equipment 20,000 Cash 20,000\begin{array} { c r } \text { Equipment } & 20,000 \\\text { Cash } & 20,000\end{array}
D)
 Accounts Payable 20,000 Equipment 20,000\begin{array}{cc}\text { Accounts Payable } & 20,000 \\\text { Equipment } & 20,000\end{array}

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