A business purchases equipment by paying $9,043 in cash and issuing a note payable of $13,969 Which of the following occurs O A Cash is debited for $9,043, Equipment is credited for $13,969, and Notes Payable is debited for $4,926 B Cash is debited for $9,043, Equipment is debited for $13,969, and Notes Payable is credited for $23,012 C Cash is credited for $9,043, Equipment is debited for $23,012, and Notes Payable is credited for $13,969 D Cash is credited for $9,043, Equipment is credited for $23,012, and Notes Payable is debited for $13,969

Question

A business purchases equipment by paying $9,043 in cash and issuing a note payable of $13,969  Which of the following occurs  O A  Cash is debited for $9,043, Equipment is credited for $13,969, and Notes Payable is debited for $4,926  B  Cash is debited for $9,043, Equipment is debited for $13,969, and Notes Payable is credited for $23,012  C  Cash is credited for $9,043, Equipment is debited for $23,012, and Notes Payable is credited for $13,969  D  Cash is credited for $9,043, Equipment is credited for $23,012, and Notes Payable is debited for $13,969

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A business purchases equipment by paying $9,043 in cash and issuing a note payable of $13,969. Which of the following occurs? O A. Cash is

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