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Prarie clinic purchased x-ray equipment for $7,500, and paid $2,250 down, with the remainder to be paid later. The correct entry would be d. Equipment 7,500
Accounts Payable 5,250
Cash 2,250
System maximum usually refers to a fixed of gear or different objects typically used to reap a particular goal. one-of-a-kind jobs require exceptional kinds of equipment.
Equipment can be any object this is used to attain an intention. the device normally denotes a hard and fast of equipment that might be used to gain a specific goal. • A tool can be non-mechanical as nicely. however, whilst one says equipment, there's a sure mechanical component to it that can't be noted.
We use the uncountable noun gadget to mean 'the set of factors which you want for a selected purpose', which include equipment or garb: we've got sold camping equipment, including new snoozing baggage and a bit fridge. All of Vincent's digital camera gadget was stolen from his vehicle.
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Question: Prarie Clinic purchased X-ray equipment for $7,500, and paid $2,250 down, with the remainder to be paid later. The correct entry would be
a. Equipment 2,250
Cash 2,250
b. Cash 2,250
Accounts Payable 5,250
Equipment 7,500
c. Equipment Expense 7,500
Accounts Payable 2,250
Cash 5,250
d. Equipment 7,500
Accounts Payable 5,250
Cash 2,250
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