Renzi's Volleyball Gym purchased equipment for $1,200. It made a down payment of $600 with the remainder
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Question:
- 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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