Deerhoof Company Purchases Equipment for $2,700 and Supplies for $400

Multiple Choice

Deerhoof Company purchases equipment for $2,700 and supplies for $400 from Milkman Co. for $3,100 cash. The entry for this transaction will include a

A) debit to Equipment $2,700 and a debit to Supplies Expense $400 for Milkman.
B) credit to Cash for Milkman.
C) credit to Accounts Payable for Deerhoof.
D) debit to Equipment $2,700 and a debit to Supplies $400 for Deerhoof.