Isn't it Cromantic, Inc. purchased $20,000 of equipment on account. Which of the following journal entries would the company record? Multiple Choice Equipment DR $20,000 Cash CR $20.000 Cosh DR $20,000 Equipment CR \$20,000 Accounts Payable DR $20,000 Equipment CR \$20.000 Equipment DR $20.000 Accounts Payable CR $20.000