A company purchased land for $25,000 note. 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 increase by $25,000. OC. Land will decrease by $25,000 and notes payable will increase by $25,000 D. Cash will increase by $25,000 and Land will increase by $25,000