On March 10, One Eleven Music Studio purchases a new student drum kit for $1,500 and received an invoice from Pearl to be paid within 30 days. The following entry is booked: Select one: Credit Accounts Payable 1,500 and credit Supplies 1,500 Debit Supplies 1,500 and credit Accounts Payable 1,500 Debit Asset 1,500 and credit Cash 1,500 Debit Equipment 1,500 and credit Accounts payable 1,500