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On August 13, 2015, Swell Maps Enterprises Purchased Equipment for $1,300

Question 120

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On August 13, 2015, Swell Maps Enterprises purchased equipment for $1,300 and supplies of $200 on account. Which of the following journal entries is recorded correctly and in the standard format? a. Equipment \quad\quad 1,300
\quad Account Payable \quad\quad 1,500
\quad Supplies \quad\quad 200

b. Equipment \quad\quad 1,300
\quad Supplies \quad\quad 200
\quad Accounts Payable \quad\quad 1,500

c. Accounts Payable \quad\quad 1,500
\quad Equipment \quad\quad 1,300
\quad Supplies \quad\quad 200

d. Equipment \quad\quad 1,300
\quad Supplies \quad\quad 200
\quad Accounts Payable \quad\quad 1,500

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