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Renzi's Volleyball Gym purchased equipment for $1,200. It made a down payment of $600 with the remainder on account. The journal entry to record this

  • Renzi's Volleyball Gym purchased equipment for $1,200. It made a down payment of $600 with the remainder on account. The journal entry to record this transaction is __________.
  • A. Cash
  • 600
  • Accounts Receivable
  • 600
  • B. Accounts Payable
  • 600
  • Cash
  • 600
  • Equipment
  • 1,200
  • C. Supplies
  • 1,200
  • Cash
  • 600
  • Accounts Payable
  • 600
  • D. Equipment
  • 1,200
  • Accounts Payable
  • 600
  • Cash
  • 600

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