The following transactions took place for Wang Company:

• Purchased equipment on account for $8,000.
• Billed customers for $3,000 for services performed.
• Made payments of $1,500 on account for equipment purchased earlier.
• Collected $1,900 on customer accounts.

Which of the following is true, assuming the beginning balances of accounts receivables and accounts payables is $0?

Group of answer choices

The ending balance of accounts receivable is $6,500.

There was an entry of credit to equipment of $1,500.

None of the statements are correct.

There was an entry of debit to cash of $1,900.

The ending balance of accounts payable is $1,100.