Based on the chart which 4 digit account would you use: A to DEBIT the following: A grower borrows $75,000 from the bank for the purchase of land. B. to CREDIT the following: A grower borrows $75,000 from the bank for the purchase of land I C. to DEBIT the following: A grower pays $1,400 for insurance, D. to CREDIT the following: A grower pays $1,400 for insurance. E. to DEBIT the following: A processor pays the income tax bill of $3,500. F. to CREDIT the following: A processor pays the income tax bill of $3,500. TABLE A-3 Detailed Farm Cbart of Accounts. 1000 Cash 1100 Accounts Receivable 1211 Feeder Livestock Inventory Raised for Sale 1212 Feeder Livestock Inventory Purchased for Resale 1221 Feed Inventory Raised for Sale 1222 Feed Inventory Purchased for Resale 1223 Feed Inventory Raised for Use 1224 Feed Inventory Purchased for Use 1231 Crop Inventory Raised for Sale 1232 Crop Inventory Purchased for Resale 1300 Prepaid Expenses 1400 Cash Investment in Growing Crops 1500 Breeding Livestock 1510 Breeding Livestock Inventory 1600 Machinery and Equipment 1650 Office Furniture and Equipment 1700 Perennial Crops and Natural Resources 1800 Land, Buildings, and improvements 1900 Investments in Cooperatives and other Investments 1910 Leased Assets 1950 Personal Assets 1980 Accumulated Depreciation 2000 Accounts Payable 3100 Retained Capital 3110 Owner Withdrawals 3120 Non-Farm Income 3130 Other Capital Contributions/Gifts/Inheritances 3210 Change in Value of Personal Assets 3220 Change in Personal Liabilities 3230 Personal Equity 4000 Cash Crop Sales 4010 Changes in Crop Inventories 4100 Cash Sales of Market Livestock and Poultry 4110 Changes in Market Livestock and Poultry Inventories 4200 Livestock Products Sales 4300 Proceeds from Govemment Programs 4400 Crop Insurance Proceeds 4500 Gains (Losses) from Sale of Culled Breeding Livestock 4800 Change in Value Due to Change in Quantity of Raised Breeding Livestock 4700 Change in Accounts Receivable 5000 Feeder Livestock 5010 Change in Purchased Feeder Livestock Inventories 5020 Purchased Feed 5030 Change in Purchased Feed Inventories 6100 Wages Expense 6110 Payroll Tax Expense 2000 Accounts Payable 2100 Taxes Payable 2200 Interest Payable 2300 Notes Payable-Non-Current 2310 Notes Payable Due within One Year 2400 Real Estate Notes Payable Non-Current 2410 Real Estate Notes Payable Due within One Year 2500 Non-Current Deferred Taxes 2510 Current Deferred Taxes 2600 Obligations on Leased Assets 2610 Obligations on Leased Assets Due within One Year 2700 Personal Liabilities 3000 Valuation Equity 3010 Change in Excess of Market Value over Cost 3020 Change in Non-Current portion of Deferred Taxes 6110 Payroll Tax Expense 6120 Board for Hired Labor 6130 Insurance for Hired Labor 6200 Repairs and Maintenance for Farm Vehicles Machinery, Equipment 6210 Small Tools and Supplies 6220 Repairs and Maintenance for Buildings and improveme 6300 Rent 6310 Truck and Machinery Hire 6400 Fuel Oil, Gas, Grease 6500 Seed 6510 Fertilizers 6520 Herbicides, Pesticides 6530 Twine, Sacks 6540 Poisons, Seed Tests 6600 Veterinarian, Vaccinations, Medications