Master Equipment Has a $17,400 Liability to Arrow Paint Co

Multiple Choice

Master Equipment has a $17,400 liability to Arrow Paint Co. When Master Equipment makes a partial payment of $7,600 on this liability, which of following is true about the journal entry made by Master to record this transaction?

A) The Cash Paid Out account is debited $7,600.
B) The liability account Accounts Payable is credited $9,800.
C) The Cash account is debited $7,600.
D) The Accounts Payable account is debited $7,600.