Picture Perfect Videos Acquired $18,000 of Equipment by Paying $6,000

Picture Perfect Videos acquired $18,000 of equipment by paying $6,000 in cash,with the remaining balance on a note due in 6 months.Which set of T-accounts best describes this transaction?

A) $\begin{array}{lcc}\text { Cash } & \text { Notes Receivable } & \text { Equipment } \\-----&-----&-----\\ 6,000 & \mid12,000 & 18,000 \mid\\\mid&\mid&\mid\end{array}$

B) $\begin{array}{lcc}\text { Cash } & \text { Notes Receivable } & \text { Equipment } \\-----&-----&-----\\ 6,000\mid & 12,000\mid & \mid18,000 \\\mid&\mid&\mid\end{array}$

C) $\begin{array}{lcc}\text { Cash } & \text { Equipment } & \text { Accounts Payable } \\-----&-----&-----\\ 6,000\mid & \mid 18,000 & 12,000 \mid\\\mid&\mid&\mid\end{array}$

D) $\begin{array}{lcc}\text { Cash } & \text { Equipment } & \text { Notes Payable } \\-----&-----&-----\\ 6,000\mid & \mid 18,000 & 12,000 \mid\\\mid&\mid&\mid\end{array}$

E) $\begin{array}{lcc}\text { Cash } & \text { Equipment } & \text { Notes Payable } \\-----&-----&-----\\\mid 6,000 & 18,000\mid & \mid12,000 \\\mid&\mid&\mid\end{array}$