A business purchases equipment by paying

$ 6 comma 125

in cash and issuing a note payable of

$ 15 comma 666

.

Which of the following occurs?

A.

Cash is debited for

$ 6 comma 125

,

Equipment is credited for

$ 15 comma 666

,

and Notes Payable is debited for

$ 9 comma 541

.

B.

Cash is credited for

$ 6 comma 125

,

Equipment is debited for

$ 21 comma 791

,

and Notes Payable is credited for

$ 15 comma 666

.

C.

Cash is debited for

$ 6 comma 125

,

Equipment is debited for

$ 15 comma 666

,and

Notes Payable is credited for

$ 21 comma 791

.

D.

Cash is credited for

$ 6 comma 125

,

Equipment is credited for

$ 21 comma 791

,

and Notes Payable is debited for

$ 15 comma 666

.