Question 7 Not yet answered On August 1, 2017. Homer Bates buys a copier machine for his business and makes this purchase with a cash down payment and issues a note payable for the balance. When journalizing this transaction, he will Marked out of 1.00 P Flag question Select one: O Make a compound entry. Use two journal entries. Make a simple entry. O List the credit entries first, which is proper form for this type of transaction Previous page Next page