Blaine’s controls a proprietorship or Derrick Blaine the experience the following events. State whether each event {1} increased {2} decrease or {3} had no effect on the total assets of the balance assets of the business. Identify any specific asset affected

A . Borrow money from the bank

B. Cash purchase of land for a future building site

C. Blaine increase his cash investment in the business

D. Paid cash on account payable

E. Purchase machinery and equipment for manufacturing plant: signed a promissory note in payment

F. Performed service for a customer on account

G. Blaine withdrew cash the business for personal use

H. Received cash from a customer on account receivable

I. Blaine used personal funds to purchase a swimming pool for his house

J. Sold land for a price equal to the cost of the land; receive cash