Franklin Company Purchased Equipment for $45,000, Paying Cash of $5,000

Franklin Company purchased equipment for $45,000, paying cash of $5,000 and signing a note payable for the balance due.This transaction

A) increases assets, liabilities and stockholder's equity.
B) increases assets and liabilities; decreases stockholders' equity.
C) increases assets and liabilities.
D) has no effect on the basic accounting equation.