Question 8 Not yet answered A business buys a property costing 100,000 and takes out a 20 year bank loan of 100,000 to pay for it. What are the entries required to record this transaction? Marked out of 1.0 Select one: O a. Debit Property 100,000 P Flag question Credit Bank overdraft 100,000 O b. Debit Property 100,000 Credit Bank loans 100,000 . Debit Bank loans 100,000 Credit Property 100,000 Od Debit Property 100,000 Credit Trade payables 100,000 Which of the following are current assets in the statement of financial position (balance sheet)? Tick all that apply. Question 9 Not yet answered Select one or more: O a. Land and buildings Marked out of 1.0 b. Inventory P Flag question O c Trade receivables Od Trade payables