A company credit card was used to purchase a new $250 computer monitor and a $125 cartridge for the office copier. The company capitalizes all equipment purchases over $150. Sales tax, at 8%, was added to the cost of both items. Prepare the entry to record the purchase. Of no entry is required, select "No debit" or "No credit" in the account field) Account Debit Credit Office equipment Supplies on hand Accounts payable O Previous Save Answers 150 125 0 0 405

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