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April 14 Equipment 15,000 Cash 5,000 Note Payable 10,000 ????????????. Which is the best explanation for this journal entry? Select one: a. Purchased equipment on

April

14

Equipment

15,000

Cash

5,000

Note Payable

10,000

????????????.

Which is the best explanation for this journal entry?

Select one:

a. Purchased equipment on account.

b. Purchased equipment; paid cash of $5,000, with the remainder to be paid in the future.

c. Purchased equipment; paid cash of $10,000, with the remainder to be received in the future.

d. Purchased equipment with cash.

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