Question: please help me answer these questions i have 20 min until the deadline 8. Pefizer Company purchases equipment for $1,400 and supplies for $300 from
8. Pefizer Company purchases equipment for $1,400 and supplies for $300 from DB Company. for $1,600 cash. The entry for this transaction will include a ?* (1.5 Points) credit to Accounts Payable for Pefizer. credit to Cash for DB $1600. debit to Equipment $1,400 and a debit to Supplies Expense $300 for DB. debit to Equipment $1,400 and a debit to Supplies $300 for Pefizer. 9. Anil Company received a cash advance of $500 from a customer. As a result of this event: * (1.5 Points) revenues increased by $500. assets increased by $500. liabilities decreased by $500. equity increased by $500
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