Pope Accounting Service Purchased New Computers for a Total of $12,000

Multiple Choice

Pope Accounting Service purchased new computers for a total of $12,000. Pope paid $2,000 in cash and signed a note for the balance. Pope debited the Equipment account, credited the Cash account and

A) credited an asset account for $10,000.
B) debited the Capital account for $10,000.
C) credited a liability account for $10,000.
D) credited the Drawing account for $10,000.