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QUESTION 16 A restaurant purchased an ice machine for OMR4,000 paying OMR1,000 in cash with the balance carried on account. The joumal entry to record

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QUESTION 16 A restaurant purchased an ice machine for OMR4,000 paying OMR1,000 in cash with the balance carried on account. The joumal entry to record this transaction is which of the following? Debit equipment OMR 4,000, credit cash OMR 1,000 and credit accounts payable OMR 3,000 Debit equipment OMR 1,000, credit accounts payable OMR 3,000 05 O Debit equipment OMR 4,000, credit cash OMR 1,000 Debit equipment OMR 3.000, credit cash OMR 4,000 @d QUESTION 17

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