Waterway Company purchases equipment for $2850 and supplies for $340 from Pharoah Co. for $3190 cash. The entry for this transaction will include a

credit to Cash for Pharoah.

debit to Equipment $2850 and a debit to Supplies $340 for Waterway.

credit to Accounts Payable for Waterway.

debit to Equipment $2850 and a debit to Supplies Expense $340 for Pharoah.