Purchasing a building for 100000 by paying cash of 20000


Purchasing a building for $100,000 by paying cash of$ 20,000 and obtaining a mortgage for $ 80,000 would:

a, increase assets and increase and increase liabilities by $100,000 d, decrease assets and decrease liabilities by $20,000

b, increase assets and increase liabilities by$ 80,000

c, decrease assets and increase liabilities by$20,000

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Financial Accounting: Purchasing a building for 100000 by paying cash of 20000
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