Merrill Enterprises purchased equipment for $2.000 and supplies of $400 on account. Which of the following journal entries is recorded correctly and in the standard format? A Debit Equipment 2,000. Credit Supplies 400. B Debit Equipment 2,000. Credit Accounts Payable 2,000 Debit Equipment 2,000 & Supplies 400. Credit Accounts Payable 2,400 D Debit accounts Payable 2,400. Credit Equipment 200 & Supplies 400