Identify the impacted accounts, then whether they would decrease or increase, then whether it is a credit or debit.

Account		Debit	Credit
Cash		$ 15,000
	Common Stock		$ 15,000
Received cash in exchange for Common Stock issued
Inventory		$ 18,500
	Received cash in exchange for credit		$ 18,500
Cash	Merchandise	$ 555
	Revenue for sold merchandise to customer		$ 555
Inventory Payment		$ 37,000
	Partial payment to supplier for Inventory		$ 3,700
Land	Cash	$ 20,000
	Cash purchase for Land		$ 20,000