Answer both please

Howard Company had a transaction that caused a $5,000 increase in both assets and liabilities. This transaction could have been a(n) purchase of office equipment for $12,000, paying $7,000 cash and issuing a note payable for the balance investment of $5,000 cash in the business by the stockholders. purchase of office equipment for $5,000 cash repayment of a $5,000 bank loan Question 9 5 pts Debits increase both assets and liabilities. decrease both assets and liabilities increase assets and decrease liabilities decrease assets and increase liabilities