B Company Ltd, a reporting entity, purchases all the issued shares of C Company Pty Ltd for $400,000. The net assets of C Company Pty Ltd at the date of acquisition consist of equipment $600,000 and a loan of $200,000 with these values representing their respective fair values. B Company Ltd will record the acquisition in its separate accounting records as follows:

a. Dr. Investment in B Company Pty Ltd $400,000 Cr. Cash $400,000

b. Dr. Equipment $600,000 Cr. Loan $200,000 Cr. Cash $400,000

c. Dr. Equipment $600,000 Cr. Loan $200,000 Cr. Issued Capital $400,000

d. Dr. Investment in C Company Pty Ltd $400,000 Cr. Issued Capital $400,000

e. Dr. Investment in C Company Pty Ltd $400,000 Cr. Cash $400,000