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Could you help me with this please? ACCT500 Course Project Template.xIsx The journal entry to record the purchase of equipment for a $140 cash down

Could you help me with this please?

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ACCT500 Course Project Template.xIsx The journal entry to record the purchase of equipment for a $140 cash down payment and a balance of $480 due in 30 days would include Multiple Choice O a debit to Equipment for $140 and a credit to Cash for $140. debit to Equipment for $620 and a credit to Cash for $620. O a debit to Equipment for $620, a credit to Cash for $140, and a credit to Accounts Payable for $480. O a debit to Equipment for $140 and a credit to Accounts Payable for $480.

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