State whether each event increased decreased or had no affect and why

21343 ACCT 2301. S71 mework Chapter 02 3 of 5 (2 complete) v More info a. Sold land and received cash of $69,000 (the land was carried on the company's books at $69,000). b. Received $15.400 cash from customers on account c. Made cash purchase of land for a building site for the business, $89,000. d. Borrowed $62,000 from the bank for use in the business. e. Knox used personal funds to purchase a flat-screen TV for his home. f. Purchased medical equipment and signed a $90,000 promissory note in payment g. Purchased office supplies on account for $1,200. h. Received $12,000 cash and issued stock to a stockholder i. Paid $400 cash on accounts payable j. The business paid Knox a cash dividend of $4,000. Print Done Clear All