A business paid $59,000 cash to purchase equipment. The business would: A. debit Cash for $59,000 and credit Notes Payable for $59,000. O B. debit Equipment for $59,000 and credit Accounts Payable for $59,000. O C. debit Accounts Payable for $59,000 and credit Cash for $59,000. OD. debit Equipment for $59,000 and credit Cash for $59,000. Decreases in stockholders' equity that result from the cost of operating the business are: O A. revenues. B. assets. C. expenses. OD. liabilities