Question 1 of4 > / 5 E View Policies Current Attempt in Progress Marin Limited purchased equipment for an invoice price of $46,000, terms 2/10, n/SO. (a) Your answer has been saved. See score details after the due date. Record the purchase of the equipment and the subsequent payment, assuming the payment was made within the discount period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Equipment 46,000 Accounts Payable 46,000 (To record purchase of equipment on account) Record the purchase of the equipment and the subsequent payment, assuming the company's payment missed the discount period. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. lfno entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Equipment 46,000 Accounts Payable 46,000 (To record purchase of equipment on account) Accounts Payable Cash (To record payment on account) No Entry 920 No Entry 45,080 (To record discount lost)