CSU-Products is a start-up computer software development firm. It currently owns computer equipment worth $40,000 and has cash on hand of $10,000 contributed by CSUs owners. For each of the following transactions, identify the real and/or financial assets that trade hands. Are any financial assets created or destroyed in the transaction?

a. CSU takes out a bank loan. It receives $10,000 in cash and signs a note promising to pay back the loan over two years.

b. CSU uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.