A \& B start a partnership on July 1 of the current year, A contributes $5,000 cash, furniture with a current market value of $50,000, accounts payables with a current market value of $12,000 and equipment with a current market value of $20.000. Which of the following is the correct journal entry to record A's partnership investment? \begin{tabular}{|l|c|c|} \hline \multicolumn{1}{|c|}{ ACCOUNT } & DEBIT & CREDIT \\ \hline Cash & $5,000 & \\ \hline Furniture & 50,000 & \\ \hline Equipment & & $20,000 \\ \hline Accounts Payable & & 12,000 \\ \hline A, Capital & & 23,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ ACCOUNT } & \multicolumn{1}{|c|}{ DEBIT } & CREDIT \\ \hline Cash & $5,000 & \\ \hline Furniture & 50,000 & \\ \hline Equipment & 20,000 & \\ \hline Accounts Payable & & $12,000 \\ \hline A, Capital & & 63,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ ACCOUNT } & \multicolumn{1}{c|}{ DEBIT } & \multicolumn{1}{c|}{ CREDIT } \\ \hline Cash & $5,000 & \\ \hline Furniture & 50,000 & \\ \hline Equipment & 20,000 & \\ \hline Accounts Payable & 12,000 & \\ \hline A, Capital & & $87,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{1}{|c|}{ ACCOUNT } & \multicolumn{1}{|c|}{ DEBIT } & \multicolumn{1}{c|}{ CREDIT } \\ \hline Accounts Payable & $12,000 & \\ \hline A, Capital & 63,000 & \\ \hline Cash & & $5,000 \\ \hline Furniture & & 50,000 \\ \hline Equipment & & 20,000 \\ \hline \end{tabular}