Multiple Select Question

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Squid Roe, Inc., purchased equipment that cost $$20,000$ by issuing a $6\%,$$$15,000$ promissory note and paying the remainder in cash. The effects on the accounting equation ae

Equipment, an asset, is increased by $$5,000$

Cash, a stockholders' equity account, is decreased by $$5,000$

Note Payable, a liability is increased by $$20,000$

Note Payable, a stockholders' equity account, is decreased by $$15,000$

Cash, an asset, is decreased by $$5,000$

Cash, an asset, is increased by $$5,000$

Equipment, an asset, is increased by $$20,000$

Note Payable, a liability is increased by $$15,000$