Zeus Greek Foods Purchased a $21,000 Van for Use in the Business.The

Multiple Choice

Zeus Greek Foods purchased a $21,000 van for use in the business.The company made a $15,000 cash down payment,and signed a note for the balance.The effect of this transaction on Zeus Greek Foods would be to

A) increase the van account by $21,000,decrease the cash account by $15,000,and decrease the notes receivable account by $6,000.
B) increase the van account by $21,000,decrease the cash account by $15,000,and decrease the notes payable account by $6,000.
C) increase the van account by $15,000 and decrease the cash account by $15,000.
D) increase the van account by $21,000,decrease the cash account by $15,000,and increase the notes payable account by $6,000.
E) decrease the van account by $15,000 and increase the cash account by $15,000.