On May 17, Burchel Industries Purchased Equipment with a Cost

Multiple Choice

On May 17, Burchel Industries purchased equipment with a cost of $2,000 on account. The entry to record the purchase will include

A) a debit to Equipment and a credit to Accounts Payable.
B) a debit to Equipment Expense and a credit to Accounts Receivable.
C) a debit to Equipment and a credit to Cash.
D) a debit to Accounts Receivable and a credit to Equipment.