TB MC Qu$.01-171($Static$)$ Billington Corporation borrows...

Billington Corporation borrows $$80,000$ cash from U$.$S$.$ Bank. How does this transaction affect the accounting equation for Billington?

Multiple Choice

Assets would decrease $$80,000$ and liabilities would decrease $$80,000.$

Assets would decrease $$80,000$ and equity would increase $$80,000.$

Assets would increase $$80,000$ and equity would decrease $$80,000.$

Assets would increase $$80,000$ and liabilities would increase $$80,000.$

Liabilities would decrease $$80,000$ and equity would increase $$80,000.$