Laura's Investment in a New Partnership Includes $2,000 Cash and Equipment

Laura's investment in a new partnership includes $2,000 cash and equipment at a fair value of $7,000.The new partnership is assuming $1,500 of Laura's accounts payable.The partnership entry should be to:

A) debit Laura,Capital $7,500;debit Accounts Payable $1,500;credit Cash $2,000;credit Equipment $7,000.
B) debit Cash $2,000;debit Equipment $7,000;credit Laura Capital,$9,000.
C) debit Cash $2,000;debit Equipment $7,000;credit Accounts Payable $1,500;credit Laura,Capital,$7,500.
D) debit Laura,Investment $9,000;credit Capital $9,000.

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