Entry 7 Jan. 26 Purchased painting equipment from The Paint Co., paying $100 cash down (check no. 105) and agreeing to pay the $1,800 difference within 30 days, M2. Accounts Affected NORMAL BALANCE + OR - (DEBIT OR CREDIT) . . .. ...................... JOURNAL PAGE: 14 DATE DESCRIPTION POST REF. DEBIT CREDIT 2 2 3 3 4