On 1/1, Student Union Corporation purchased a building for $100,000 by signing a 10-year note payable. What account would be debited and credited on 1/1? (Select ALL that Apply).

Group of answer choices

Credit Notes Payable account

Debit Cash account

Debit Building account

Debit Notes Payable account

Credit Building account

Debit Notes Receivable account

Credit Notes Receivable account

Credit Cash account