Company A paid $20,000 cash to buy land from Company B. Select the statement that is true. A Company A's equity would increase. B None of the above. Total assets of Company A would be unaffected. D) Total liabilities of Company B would increase. Question 7 10 F Company A paid $20,000 cash to buy land from Company B. Select the statement that is true. The balance in the cash account on Company A's books would decrease, while the balance in the cash . account on Company B's books would increase. B Company A would have a cash outflow from investing activities. Company B would have a cash inflow from investing activities. D All of the above statements are true