A business purchases equipment costing $12.300. They pay $1.400 right away and charge the remaining amount. To record this transaction, the business would: Multiple Choice Debit Equipment $10,900, Credit Accounts Payable $10.900 Debit Equipment $1,400, Credit Cash $1,400 Debit Equipment $12.300, Credit Cash $1.400 and Credit Accounts Payable $10,9001 Debit Equipment $12.300, Credit Accounts Payable $12.300