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Copley Company purchased a truck for $14,000: paying $4,000 cash upon delivery and agreeing to pay $10,000 in six months. As a result of this

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Copley Company purchased a truck for $14,000: paying $4,000 cash upon delivery and agreeing to pay $10,000 in six months. As a result of this transaction: Multiple Choice O Assets will be increased by $10,000. O Equity will be decreased by $10,000. o Assets will be decreased by $10,000 O Assets will be increased by $4.000. Assets will be unchanged.

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