On July 1, 2024, Apache Company, sold and delivered to a customer a large piece of equipment for $3,000 (on account). The cost to manufacture the equipment was $1,200. Record the journal entry to recognize revenue for the sale of the equipment. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 1 Record the sale of equipment on account. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit