Sethco pays for all of the following items in cash, which means that in the journal entry associated with each item, there will be a credit to cash. For each transaction, specify the name of the account that should be debited. Example: Sethco paid $400 to have its logo painted on its new delivery truck Answer: Equipment Journal Entry: Equipment Cash $400 Sethco paid $3,000 to install a 3D printer. Sethco paid $500 in sales tax associated with the purchase of security system equipment Sethoo paid 3 months' worth of rent in advance Sethco paid $50 to replace a computer chip for the 3D printer. The chip needs to be replaced every time there is an update by the printer's manufacturer, which happens roughly every 18 months. Sethoo paid $40,000 to add a new bathroom to its store. Sethco paid $20,000 to resurface its parking lot Sethco paid $500 to have its store deep cleaned