Purchasing a building for $115,000 by paying cash of $25,000 and signing a note payable for $90,000

Question:

Purchasing a building for $115,000 by paying cash of $25,000 and signing a note payable for $90,000 will
a. decrease total assets and increase total liabilities by $25,000.
b. increase both total assets and total liabilities by $115,000.
c. decrease both total assets and total liabilities by $25,000.
d. increase both total assets and total liabilities by $90,000.

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