A company purchased land for $25,000 cash. What would be the effect of this transaction on the accounting equation? OA. Cash will decrease by $25,000 and Land will increase by $25,000. OB. Land will increase by $25,000 and notes payable will decrease by $25,000. OC. Cash will increase by $25,000 and Land will increase by $25,000. OD. Land will decrease by $25,000 and notes payable will decrease by $25,000