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Prarie Clinic purchased X-ray equipment for $4,000, paid $1,275 down, with the remainder to be paid later. The correct entry would be. a. equip. 1,275

Prarie Clinic purchased X-ray equipment for $4,000, paid $1,275 down, with the remainder to be paid later. The correct entry would be. a. equip. 1,275 cash 1,275 b. Cash 1,275 act. payable 2,725 equip. 4,000 c. Equip. Expense 4,000 Act. payable 1,275 Cash 2,725 d. Equip. 4,000 Act. payable 2,725 Cash 1,275 e. Cash 1,275 Equip. 1,275

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