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A business purchases equipment for $ 1 5 0 , 0 0 0 by paying $ 1 0 , 0 0 0 in cash and

A business purchases equipment for $150,000 by paying $10,000 in cash and signing a notes payable for the balance. How does this transaction impact the accounting equation?
A) Increase both assets and liabilities by $140,000.
B) Increase both assets and liabilities by $150,000.
C) Decrease both assets and liabilities by $10,000
D) Increase assets by $150,000, increase liabilities by $140,000 and increase stockholders' equity
by $10,000.
E) There is not enough information to answer the question.

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