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tion to Accounting |(2) 0-31/10 A business purchases equipment by payingOR8,000 in cash and issuing a note payable of OR12, 000. Which of the following

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tion to Accounting |(2) 0-31/10 A business purchases equipment by payingOR8,000 in cash and issuing a note payable of OR12, 000. Which of the following journal entries would be recorded? Select one: O a Equipment F Tir 20,000 Notes payable 12,000 Cash 8,000 b Cash 8000 io + 40 - % & 7 8 9 You are le Notes payable 12,000 Equipment 20,000 O c. Cash 8,000 Notes payable 4,000 Equipment 12000 O d. Equipment 8,000 Notes payable 4,000

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