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table [ [ May , 2 4 , Land, 1 0 5 , 0 0 0 , ] , [ , , Cash,, 1

\table[[May,24,Land,105,000,],[,,Cash,,105,000],[,,Purchased land for business.,,]]
What effects does this journal entry have on the accounts?
decrease Cash and decrease Land
increase Cash and decrease Land
increase Cash and increase Land
increase Land and decrease Cash
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