What would be the journal entry if a piece of equipment costing $10,000 was purchases on a 60 day notes payable discounted at 6%

Question:Question: What would be the journal entry if a piece of equipment costing $10,000 was purchases on a 60 day notes payable discounted at 6%?

A. Debit Equipment $9,900 and Debit Interest expense for $100; Credit NP for $10,000

B. Debit Equipment for $10,000; Credit NP for $10,000

C. Debit Equipment for $10,000 and Debit Interest expense for $100; Credit NP for $10,100

D. Debit Equipment for $10,000; Credit interest expense for $100 and credit Notes Payable for $9,900\

Question 1; Answer is B. Debit Equipment for $10,000; Credit NP for $10,000

answer; (b) insider trading;

answer; normative economics;