Question: Please use the dropdown box to help determine which account it belongs to. I have posted what I thought was the right answers but have

Please use the dropdown box to help determine which account it belongs to. I have posted what I thought was the right answers but have gotten it wrong. Thanks for the help and please show step by step solutions!  Please use the dropdown box to help determine which account it

On March 1, fixtures and equipment were purchased for $5,000 with a downpayment of $2,000 and a $3,000 note, payable in one year. Interest of 5% per year was due when the note was repaid. The estimated life of the fixtures and equipment is 12 years with no expected salvage value. [Note: Record the complete entry for the March 1 equipment purchase first, the March 31 depreciation adjusting entry second, and the March 31 interest adjusting entry third. Also, round all answers to the nearest cent.] Account: Cash Dollar amount: 2000 r amount: 5000 r amount: 3000 r amount: 34.7 r amount: 34.7 r amount: 12.5 r amount: r amount: | Foil,-Leave%20Bank Cash Accounts Receivable Inventory Prepaid Rent Fixtures and Equipment Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank 12.5

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