Current Attempt in Progress Which of the following journal entries is recorded correctly and in the basic format? Equipment costing $17200 is purchased by paying $4300 cash and signing a note payable for the remainder. The journal entry to. record this transaction should include a credit to Notes Receivable. debit to Cash. credit to Notes Payable. credit to Equipment. Suppose that on January 14, Ralph Lauren Company purchased supplies of $490 on account. The entry to record the purchase will include a debit to Accounts Receivable and a credit to Supplies. a debit to Supplies and a credit to Cash. a debit to Supplies Expense and a credit to Accounts Receivable. a debit to Supplies and a credit to Accounts Payable, Current Attempt in Progress A trial balance will balance even if a journal entry to record the purchase of equipment for cash of $49700 is not posted. a $15600 cash dividend is debited to dividends for $15600 and credited to cash for $1560. a $400 collection on accounts receivable is credited to accounts receivable for $400 without a corresponding debit. a purchase of supplies for $595 on account is debited to supplies for $595 and debited to accounts payable for $595. Current Attempt in Progress Waterway Industries reports the following ledger account balances at June 30, 2025: Assuming that all of the accounts have normal balances, what are total credits on the company's trial balance at June 30,202 $8686$8658$8582$8586