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Question 12 4 pts Mod 12.4: The entry to record the purchase of a $100,000 piece of equipment in exchange for $30,000 cash and a

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Question 12 4 pts Mod 12.4: The entry to record the purchase of a $100,000 piece of equipment in exchange for $30,000 cash and a 5-year note payable with 8% interest to be paid annually would require a: $70.000 CREDIT to notegayable $10.000 CREDIT to equipment 5100 DOO CREDIT to note payable $10.000 DEBIT to cash

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