John and Ellen own the John and Ellen Laundry, a partnership.

Each takes $2,500 cash from the partnership entity and deposits it into a personal bank account. An accounting report of the financial position of the John and Ellen Laundry would show that A. the change in the entity’s equity is zero;

B. the entity has $5,000 less cash;

C. John and Ellen each have $2,500 more cash;

D. the entity has $5,000 less equity.