Kev's Truck Company purchased three trucks for $150 000 each by paying a deposit of $200 000 and agreeing to pay the balance at the end six months. Ignoring GST, the journal entry to record the acquisition is: $ 1) Trucks 450 000 Sundry creditor 450 000 Cash 2) 200 000 250 000 Sundry creditor Trucks 450 000 3) Trucks 200 000 Cash 200 000 Trucks 450 000 4) Cash 200 000 Sundry creditor 250 000 Ignoring GST, the correct entry to record the purchase of a motor vehicle for $45 000 cash is: 1) DR Motor vehicles $45 000; CR Equity $45 000 2) DR Motor vehicles $45 000; CR Bank $45 000 3) DR Bank $45 000; CR Motor vehicles $45 000 4) DR Motor vehicles $45 000; CR Accounts receivable $45 000