The journal entry to acquire equipment costing $30,000 with a $12,000 down payment and a note issued for the difference would include a
A) debit to Cash for $18,000 and a credit to Equipment for $30,000.
B) debit to Equipment for $30,000 and a credit to Notes Payable for $12,000.
C) debit to Equipment for $30,000, credit to Notes Payable for $18,000, and a credit to Cash for $12,000.
D) debit to Equipment for $30,000, credit to Notes Payable for $12,000, and a credit to Cash for $18,000.