purchasing a building for $95,000 by paying cash of $5,000 and signing a note payable for $90,000 will question content area bottom part 1 a. decrease both total assets and total liabilities by $5,000. b. decrease total assets and increase total liabilities by $5,000. c. increase both total assets and total liabilities by $90,000. d. increase both total assets and total liabilities by $95,000.