Question 23 1 pts Review the journal entry below regarding Rich's Bakery. What could this journal entry signity with regard to Rich's Bakery? DEBIT CREDIT 9,200 12-May Equipment Cash Note payable 2,000 7,200 Rich sold an over for $9.200. Rich put $2,000 in the bank and using the remaining $7,200 to pay off a bank loan. Rich has a contract to buy a new oven for 9.200. Rich will receive a discount of $2,000 if he pays for the oven in cash. Rich purchased a new oven costing $9.200. Rich paid $2,000 down, but still owes the vendor $7.200. Rich sold an oven for $9.200. Rich received $2,000 in cash at time of sale, but the buyer still owes Rich $7.200 for the oven