If Office Equipment Is Purchased for Cash, What Effect Will

If Office Equipment is purchased for cash, what effect will this transaction have on the financial position of the company?

A) There is no change in the Assets, Liabilities and Owners' Equity
B) There is a decrease in Assets, increase in Liabilities and no change in Owners' Equity
C) There is a decrease in Assets, no change in Liabilities and a decrease in Owners' Equity
D) There is an increase in Assets, decrease in Liabilities and no change in Owners' Equity