ABC Company purchased $$200,000$ in equipment on credit $($in other words, ABC will pay for the assets later$).$ In addition to a $$200,000$ increase in assets, how else is the expanded accounting equation impacted?

Select one:

$$200,000$ decrease in another asset

$$200,000$ increase in common stock

$$200,000$ increase in dividends

$$200,000$ increase in expenses

$$200,000$ increase in liabilities

$$200,000$ increase in revenue