Entity H opened in December 2024. On December 20, 2024, Entity H Entity H purchased a new computer (Office Equipment) from Best Buy for $1,400, paying 20% down, he rest on account. On December 27, Entity H paid the Best Buy the amount owing. Which of the following is the correct entry on December 27 ? Dr. Cash 1,120 Cr. Office Equipment 1,120 Dr. Accounts Payable 1,120 Cr. Cash 1,120 Dr. Office Equipment 1,400 Cr. Accounts Payable 1,120 Cr. Cash 280 Dr. Office Equipment 1,120 Cr.Cash1,120 Entity H opened in December 2024. On December 20, 2024, Entity H Entity H purchased a new computer (Office Equipment) from Best Buy for $1,400, paying 20% down, he rest on account. On December 27, Entity H paid the Best Buy the amount owing. Which of the following is the correct entry on December 27 ? Dr. Cash 1,120 Cr. Office Equipment 1,120 Dr. Accounts Payable 1,120 Cr. Cash 1,120 Dr. Office Equipment 1,400 Cr. Accounts Payable 1,120 Cr. Cash 280 Dr. Office Equipment 1,120 Cr.Cash1,120