Purchasing a building for $ 80 comma 000 by paying cash of $ 30 comma 000 and signing a note payable for $ 50 comma 000 will
A. increase both total assets and total liabilities by $ 80 comma 000.
B. increase both total assets and total liabilities by $ 50 comma 000.
C. decrease total assets and increase total liabilities by $ 30 comma 000.
D. decrease both total assets and total liabilities by $ 30 comma 000.
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Home » Business » Purchasing a building for $ 80 comma 000 by paying cash of $ 30 comma 000 and signing a note payable for $ 50 comma 000 will A. increase both total assets and total liabilities by $ 80 comma 000. B.