Test #$1($Chapters $1-3)$

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A company purchased equipment for $$36,800.$ The company paid $$5,900$ cash and signed a notes payable for $$30,900.$ Prepare the compound journal entry to record this transaction.

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Journal entry worksheet

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$1$

A company purchased equipment for $$36,800.$ The company paid $$5,900$ cash and signed a notes payable for $$30,900$

Note: Enter debits before credits

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[$a$.,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$