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QUESTION 9 If a long term debt of $1.8 million was drawn from the bank, how would this affect the Balance Sheet and the

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QUESTION 9 If a long term debt of $1.8 million was drawn from the bank, how would this affect the Balance Sheet and the Total Equity? O a Total Assets and Total Liabilities unchanged and Total Equity lower by $1.8 million Ob. Total Assets and Total Liabilities lower by $1.8 million and Total Equity lower by $1.8 million Oc Total Assets and Total Liabilities higher by $1.8 million and Total Equity essentially unchanged. Od Total Assets and Total Liabilities lower by $1.8 million and Total Equity essentially unchanged QUESTION 10

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