Inferring Transactions from Statement of Financial Position Changes Each of the following statement of financial position changes is associated with a particular transaction:

YOUDECIDE

a. Cash decreases by \(\$ 22,000\) and land increases by \(\$ 22,000\).

b. Cash decreases by \(\$ 9,000\) and retained earnings decreases by \(\$ 9,000\).

c. Cash increases by \(\$ 100,000\) and common shares increase by \(\$ 100,000\).

d. Cash increases by \(\$ 15,000\) and notes payable increases by \(\$ 15,000\).

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Describe the nature of each transaction listed above.

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