1) Delta Company purchased a delivery truck for a total cost of $15,000. Delta paid $2,000 in cash and signed a note payable for the remainder. The total effect of this transaction on the accounting equation was to: increase assets by $15,000, increase liabilities by $13,000 and increase equity by $2,000. increase assets by $15,000, increase liabilities by $15,000 and have no effect on equity. increase assets by $13,000, increase liabilities by $15,000 and decrease equity by $2,000. increase assets by $13,000, increase liabilities by $13,000 and have no effect on equity