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Which of the Following Journal Entries Would Be Recorded If  Cash 3000 Accounts payable 3000\begin{array} { | l | r | r | } \hline \text { Cash } & 3000 & \\\hline \text { Accounts payable } & & 3000 \\\hline\end{array}

Question 75

Multiple Choice

Which of the following journal entries would be recorded if a business purchased equipment for $3 000 cash?


A)  Cash 3000 Accounts payable 3000\begin{array} { | l | r | r | } \hline \text { Cash } & 3000 & \\\hline \text { Accounts payable } & & 3000 \\\hline\end{array}
B)  Cash 3000 Equipment 3000\begin{array} { | l | r | r | } \hline \text { Cash } & 3000 & \\\hline \text { Equipment } & & 3000 \\\hline\end{array}
C)  Equipment 3000 Accounts payable 3000\begin{array} { | l | r | r | } \hline \text { Equipment } & 3000 & \\\hline \text { Accounts payable } & & 3000 \\\hline\end{array}
D)  Equipment 3000 Cash 3000\begin{array} { | l | r | r | } \hline \text { Equipment } & 3000 & \\\hline \text { Cash } & & 3000 \\\hline\end{array}

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