Analyze the following transactions and post the journal e ntry (debit and credit). Purchased a piece of equipment worth $1,500, making a down payment of $250. Dr. Equipment $1,500 Cr. Cash $250 Cr. Accounts Payable $1,250 Note - In this transaction, we have a total of 3 accounts which are impacted. First, I know I bought equipment; therefore my Equipment account will increase. In terms of payment for the equipment, a portion of the total amount was paid (down payment), therefore this amount would impact Cash, and Cash would decrease. On the other hand, the remaining amount owed on the equipment becomes a Payable, which would increase