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NatCo. purchased $80,000 of equipment for cash. As a result of this transaction, the journal entry is? debit cash $80,000 and credit furnishings and equipment

NatCo. purchased $80,000 of equipment for cash. As a result of this transaction, the journal entry is? debit cash $80,000 and credit furnishings and equipment $80,000 credit furnishings and equipment $80,000 and credit cash $80,000 debit furnishings and equipment $80,000 and debit cash $80,000 debit furnishings and equipment $80,000 and credit cash $80,000

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