During January, Randolph Corporation purchased $200,000 of inventory; they paid one-fourth in cash, and signed a note for the remaining balance. This transaction will be recorded as:

Select one:

A.

Inventory 200,000 Cash 150,000 Accounts Payable 50,000

B.

Inventory 200,000 Cash 50,000 Accounts Payable 150,000

C.

Inventory 200,000 Cash 50,000 Notes Payable 150,000

D.

Inventory 200,000 Cash 150,000 Notes Payable 50,000