June	26	Equipment		14,000
		Cash			4,000
		Note Payable			10,000
		????????????

Which is the best explanation for this journal entry?

		Purchased equipment, paid cash of $4,000, with the remainder to be paid in payments
		Purchased equipment, paid cash of $4,000, with the remainder to be received in the future.
		Purchased equipment, paid cash for the entire amount
		Purchased equipment on credit.