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Purchasing a building for $120,000 by paying cash of $30,000 and obtaining a mortgage for $90,000 would: O A. decrease assets and decrease liabilities by
Purchasing a building for $120,000 by paying cash of $30,000 and obtaining a mortgage for $90,000 would: O A. decrease assets and decrease liabilities by $30,000 O B. increase assets and increase liabilities by $90,000 OC. increase liabilities by $30,000 O D. increase owner's equity by $90,000
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