You borrow $$1,500$ from the bank.How will MIC record the June $2$ transaction? $(1$ mark$)$

a$.$ increase both Cash and Accounts Payable, $$1,500$

b$.$ increase both Cash and Bank Loan Payable, $$1,500$

c$.$ increase both Cash and Owner's Capital, $$1,500$

d$.$ increase both Cash and Revenue, $$1,500$

e$.$ increase both Cash and Retained Earnings, $$1,500$