Answers are bolded. But I would like a short explanation are to why they are what they are.

If a company purchases equipment for $70,000 cash:

A) Total assets will increase by $70,000.

B) Total assets will decrease by $70,000.

C) Total assets will remain the same.

D) The company's total owners' equity will decrease.

If a company purchases equipment for $65,000 by issuing a note payable:

A) Total assets will increase by $65,000.

B) Total assets will decrease by $65,000.

C) Total assets will remain the same.

D) The company's total owners' equity will decrease.

If a company pays $17,000 for an expense with cash:

A) Total assets will decrease.

B) Retained earnings will decrease.

C) Owners' equity will decrease.

D) All three of the above statements are true.

Is there an easy way to remember this? What increase and what decreases? Is there a chart that could be provided to help me with this? Thank you.