If an entity buys a motor vehicle for $45,000 and pays cash of $15,000 and takes out

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Question:

If an entity buys a motor vehicle for $45,000 and pays cash of $15,000 and takes out a loan for the remainder

A. Liabilities will increase by $10,000
B. Total assets will increase by $30,000
C. Equity will increase by $30,000
D. Total assets will increase overall by $25,000