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Gunner Company made a $50 payment on account for a previous equipment purchase. Show how this transaction should be entered int Company, by selecting the

Gunner Company made a $50 payment on account for a previous equipment purchase. Show how this transaction should be entered int Company, by selecting the correct answer below. O Place $50 on the right side of the Cash account; place $50 on the left side of the Equipment account. O Place $50 on left side of the Accounts payable account; place $50 on the right side of the Cash account. O Place $50 on the left side of the Cash account; place $50 on the right side of the Accounts payable account. O Place $50 on the left side of the Accounts receivable account; place $50 on the right side of the Cash account

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