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Sheridan Company purchases equipment for $ 2 6 4 0 and supplies for $ 5 0 0 from Carla Vista Co . for $ 3

Sheridan Company purchases equipment for $2640 and supplies for $500 from Carla Vista Co. for $3140 cash. The entry for this
transaction will include a
credit to Accounts Payable for Sheridan.
debit to Equipment $2640 and a debit to Supplies Expense $500 for Carla Vista.
credit to Cash for Carla Vista.
debit to Equipment $2640 and a debit to Supplies $500 for Sheridan.
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