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