Gently Laser Clinic purchased laser equipment for $8.500 and paid $2,250 down, with the remainder to...

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Gently Laser Clinic purchased laser equipment for $8.500 and paid $2,250 down, with the remainder to be paid later. The correct entry would be credit Equipment 2,250 debit Cash 2,250 debit Equipment 2.250 credit Cash 2.250 debit Equipment 8.500 credit Accounts Payable 6.250 Credit Cash 2.250 debit Cash 2.250 debit Accounts Payable 6.250 credit Equipment 8.500 Gently Laser Clinic purchased laser equipment for $8.500 and paid $2,250 down, with the remainder to be paid later. The correct entry would be credit Equipment 2,250 debit Cash 2,250 debit Equipment 2.250 credit Cash 2.250 debit Equipment 8.500 credit Accounts Payable 6.250 Credit Cash 2.250 debit Cash 2.250 debit Accounts Payable 6.250 credit Equipment 8.500

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