Gmail YouTube Maps Curriculum: Founda. Connexus | James C... Question 11 1 Point What is the effect on the statement of financial position when the business buys a car for $45.000, paying a deposit of $15,000 in cash and promising to pay the balance within 60 days? A Increase asset vehicle by $30,000; decrease asset bank by $30,000. Increase asset vehicle by $45,000; decrease asset bank by $15,000; increase equity by $30,000. None of the above. Increase asset vehicle by $45.000; decrease asset bank by $15,000; increase liability accounts payable by $30,000