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Which of the Following Journal Entries Would Be Recorded If  Cash 3,000 Equipment 3,000\begin{array} { | l | r | r | } \hline \text { Cash } & 3,000 & \\\hline \text { Equipment } & & 3,000 \\\hline\end{array}

Question 112

Multiple Choice

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


A)  Cash 3,000 Equipment 3,000\begin{array} { | l | r | r | } \hline \text { Cash } & 3,000 & \\\hline \text { Equipment } & & 3,000 \\\hline\end{array}
B)  Equipment 3,000 Cash 3,000\begin{array} { | l | r | r | } \hline \text { Equipment } & 3,000 & \\\hline \text { Cash } & & 3,000 \\\hline\end{array}
C)  Cash 3,000 Accounts payable 3,000\begin{array} { | l | r | r | } \hline \text { Cash } & 3,000 & \\\hline \text { Accounts payable } & & 3,000 \\\hline\end{array}
D)  Equipment 3,000 Accounts payable 3,000\begin{array} { | l | r | r | } \hline \text { Equipment } & 3,000 & \\\hline \text { Accounts payable } & & 3,000 \\\hline\end{array}

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