Howard Company had a transaction that caused a $$5,000$ increase in both total assets and total liabilities. This transaction could have been a$($n$)$

Question $5$Select one:

a$.$

Purchase of office equipment for $$5,000$ cash.

b$.$

Repayment of a $$5,000$ bank loan.

c$.$

Purchase of office equipment for $$12,000,$ paying $$7,000$ cash and issuing a note payable for the balance.

d$.$

Investment of $$5,000$ cash in the business by the stockholders.