Bonita Industries had a transaction that caused a $4400 increase in both assets and liabilities. This transaction could have been a(n) Select answer from the options below - Incorrect! purchase of office equipment for $10560, paying $6160 cash and issuing a note payable for the balance. investment of $4400 cash in the business by the stockholders. repayment of a $4400 bank loan. purchase of office equipment for $4400 cash