Kenyon Company experienced a transaction that had the following effect on the financial statements:

Assets	=	Liab.	+	Equity	Rev.		Exp.	=	Net Inc.	Cash Flow
	=		+	NA	NA		NA	=	NA	NA

Which transaction would have this effect?

a.Paid for merchandise that had been purchased on account.

b.Return by a customer of a sale that was made on account.

c.A loss on land that was sold for cash.

d.Return to a supplier of merchandise purchased on account.