For each of the transactions below, indicate whether the accounts affected are increased or decreased: Transactions a. Issued shares in exchange for cash. Purchased land. Account Cash (A) Increase/Decrease Increase Common Shares (SE) Decrease Land (A) Increase Cash (A) Decrease v C Purchased inventory on account. Inventory (A) Increase Accounts Payable (L) Increase v d. Purchased equipment for cash.. Equipment (A) Increase Cash (A) Decrease v Took out and paid a one-year insurance policy on the new equipment. Prepaid Insurance (A) Increase