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Record the following transaction. Every answer box requires a response. Benson Bakers had the following transaction in June. Benson Bakers prepares monthly financial statements. Benson Bakers purchases $8,500 of baking supplies on credit. Account abbreviations Asset choices Liability choices X No account needed X No account needed AR Accounts receivable IP Interest payable Sup Supplies WP Wage payable PrRent Prepaid rent RP Rent payable Prins Prepaid Ins UP Utilities payable PPE Property, plant equip. UR Unearned revenue NP Note payable Assets Liabilities Equity Account: Cash Sup V Account UR v Contributed Retained Payable Capital Earnings Amount: 0 v 8500 V 0 8500 V 0 v 0 V