Gently Laser Clinic purchased laser equipment for $8,500 and paid $2,250 down, with the remainder to be paid later. The correct entry would be a. Cash 2,250 Accounts Payable 6,250 Equipment 8,500 b. Equipment 2,250 Cash 2,250 c. Equipment 8,500 Accounts Payable 6,250 Cash 2,250 d. Equipment Expense 8,500 Accounts Payable 2,250 Cash 6,250

Gently Laser Clinic purchased laser equipment for $8,500 and paid $2,250 down, with the remainder to be paid later. The correct entry would be a. Cash 2,250 Accounts Payable 6,250 Equipment 8,500 b. Equipment 2,250 Cash 2,250 c. Equipment 8,500 Accounts Payable 6,250 Cash 2,250 d. Equipment Expense 8,500 Accounts Payable 2,250 Cash 6,250

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter6: Investing And Financing Activities

Section: Chapter Questions

Problem 1.3C

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