Billington Corp borrows $80,000 cash from U.S. Bank. How does this transaction affect the accounting equation for Billington?

Question 6 options:

A)	Assets would decrease $80,000 and liabilities would decrease $80,000.

B)	Assets would decrease $80,000 and equity would increase $80,000.

C)	Assets would increase $80,000 and equity would decrease $80,000.

D)	Assets would increase $80,000 and liabilities would increase $80,000.

E)	Liabilities would decrease $80,000 and equity would increase $80,000.