The Following Entry Appears in Martin Supply's General Journal on March

Multiple Choice

The following entry appears in Martin Supply's general journal on March 10, 2010:
$$\begin{array} { | l | r | r | } \hline \text { Accounts Receivable } & 35,000 & \\\hline \text { Cash } & 21,000 & \\\hline \text { Equipment } & & 51,000 \\\hline\end{array}$$
-Refer to the above data. This transaction involves:

A) Martin's collection of $35,000 on an account receivable.
B) Payment of $21,000 cash by Martin
C) A $21,000 overall increase in Martin's assets.
D) Sale of equipment by Martin for $51,000.