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Gently Laser Clinic purchased laser equipment for $6,240 and paid $777 down, with the remainder to be paid later. The correct entry would be
Gently Laser Clinic purchased laser equipment for $6,240 and paid $777 down, with the remainder to be paid later. The correct entry would be Oa. Equipment Accounts Payable Cash 6,240 5,463 777 Ob. Equipment 777 777 Cash Oc. Cash 777 777 Equipment Od. Equipment Expense 6,240 Accounts Payable 777 Cash 5,463 Oe Cash 777 Accounts Payable 5,463 Equipment 6,240
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