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Gently Laser Clinic purchased laser equipment for $5,077 and paid $874 down, with the remainder to be paid later. The correct entry would be Equipment$5,077

Gently Laser Clinic purchased laser equipment for $5,077 and paid $874 down, with the remainder to be paid later. The correct entry would be

Equipment$5,077 Accounts Payable$4,203 Cash$874

Equipment Expense$5,077 Accounts Payable$874 Cash$4,203

Cash$874 Accounts Payable$4,203 Equipment$5,077

Equipment$874 Cash$874 Cash$874 Equipment$874

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