Which of the Following Is the Appropriate Journal Entry If

question 24

Multiple Choice

Which of the following is the appropriate journal entry if a company purchases equipment costing $100,000 by paying cash of $10,000?

• A)Debit to Cash,Debit to Equipment,Credit to Accounts Payable
• B)No entry should be made
• C)Debit to Equipment,Credit to Notes Payable,Credit to Cash
• D)Debit to Cash,Debit to Notes Payable,Credit to Equipment
• E)Debit to Equipment,Debit to Notes Payable,Credit to Cash

---

Definitions:

Adaptation

The process by which organisms adjust to changes in their environment to survive and reproduce.

Promotes Survival

Refers to any trait, behavior, or strategy that increases the likelihood of an organism's survival and reproduction in its environment.

Turing Test

A means of determining if artificial intelligence is conscious, self-directed intelligence.

Conversations

Informal exchanges of ideas, information, or feelings between two or more people.