A company purchased land for $25,000 note. What would be the effect of this transaction on the accounting equation? OA. Cash will increase by $25,000 and Land will increase by $25,000. B. 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 OD. Cash will decrease by $25,000 and Land will increase by $25,000 A Moving to another question will save this response