Your Company Buys a $2 Million Warehouse Paying $300,000 in Cash

Your company buys a $2 million warehouse paying $300,000 in cash and issuing $1.7 million in promissory notes.This will be posted as:

A) $2 million credited and $300,000 debited to assets; $1.7 million debited to liabilities.
B) $2 million debited to assets and $2 million credited to liabilities.
C) $2 million debited and $300,000 credited to assets; $1.7 million credited to liabilities.
D) $2 million credited to assets and $2 million debited to liabilities.