Kamp Gravel Co Purchased Three Trucks for $50 000 Each $\quad$

Kamp Gravel Co purchased three trucks for $50 000 each plus GST by making a $20 000 down payment and agreeing to pay the balance at the end six months.The journal entry to record the acquisition is: a. Trucks $\quad$$\quad$ 150,000
$\quad$ GST Outlays $\quad$$\quad$ 15,000
$\quad$ Sundry creditor $\quad$$\quad$ 165,000

b. Trucks $\quad$$\quad$ 150,000
$\quad$ vi.GST Outlays $\quad$$\quad$ 15,000
$\quad$ Cash $\quad$$\quad$ 20,000
$\quad$ Sundry creditor $\quad$$\quad$ 145,000

c. Cash $\quad$$\quad$ 20,000
$\quad$ Sundry creditor $\quad$$\quad$ 130,000
$\quad$ Trucks $\quad$$\quad$ 150,000

d. Trucks $\quad$$\quad$ 20,000
$\quad$ Cash $\quad$$\quad$ 20,000