Which Is the Best Explanation for This Journal Entry?
A)

Multiple Choice

$$\begin{array} { | c | l | c | l | l | l | } \hline \text { April } & 14 & \text { Equipment } & & 15,000 & \\\hline & & \text { Cash } & & & 5,000 \\\hline & & \text { Note Payable } & & & 10,000 \\\hline & & ? ? ? ? ? ? ? ? ? ? ? & & & \\\hline\end{array}$$ Which is the best explanation for this journal entry?

A) Purchased equipment; paid cash of $5,000, with the remainder to be paid in the future.
B) Purchased equipment; paid cash of $10,000, with the remainder to be received in the future.
C) Purchased equipment with cash.
D) Purchased equipment on account.