Company X $900,000 from a bank on 27 Jan 2020. The loan is over 5 years and is interest only. It has 3.5% yearly interest. Interest is payable twice annually on 27 May and 27 November each year.

On 30 June 2020, what is the impact on Company X:

A) Revenues

b) Expenses

c) Total Assets

D) Total Liabilities

Include $ amount and whether it is an increase (+) or decrease (-). Say Nil if no impact.