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On January 1st Year N, company BETA Ltd. purchased new equipment for 100,000 € ...

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On January 1st Year N, company BETA Ltd. purchased new equipment for 100,000 € (VAT 22%). Installation and transportation costs are equal to 30,000 € (VAT 22%). The payment is deferred. Which is the journal entry on January 1st?

		Left (DR)	Right (CR)
C.	Equipment	100,000
A.	Input VAT	22,000
L.	Accounts payable		122,000

		Left (DR)	Right (CR)
A.	Equipment	130,000
A.	Input VAT	28,600
L.	Accounts payable		158,600

		Left (DR)	Right (CR)
C.	Equipment	130,000
A.	Input VAT	28,600
L.	Accounts payable		158,600

		Left (DR)	Right (CR)
A.	Equipment	100,000
A.	Input VAT	22,000
L.	Accounts payable		122,000

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