O'Rourke Co $\quad\quad\quad \$ 90,000$ Less: Note Payable $\quad\quad\quad\quad\quad\quad\quad \underline{40,000}$

O'Rourke Co.reports assigned accounts receivable of $90, 000 that relate to an unpaid note payable of $40, 000.Correct balance sheet disclosure is

A)
Current assets:
Accounts receivable assigned $\quad\quad\quad \$ 90,000$
Less: Note payable $\quad\quad\quad\quad\quad\quad\quad \underline{40,000}$
Equity in accounts receivable assigned $\quad \$ 50,000$
B)
Current assets:
Equity in accounts receivable assigned $\quad\quad\quad \$ 50,000$
C)
Current assets:
Accounts receivable assigned $\quad\quad \$ 90,000$
Current liabilities:
Note payable $\quad\quad\quad\quad\quad\quad \$ 40,000$

D)
Current assets:
Accounts receivable assigned $\quad \$ 50,000$
Current liabilities:
Note payable $\quad\quad\quad\quad\quad\quad \$ 50,000$
Less: Accounts receivable assigned $\quad\quad\quad \frac{50,000}{\$-0-}$