Total Assets Total Liabilities NC Owners' Equity Transactions A. Issued capital stock in exchange for cash B. Bought land and a building at a total price of $165,000. Made a down payment of $65,000 cash and signed a note payable for the balance. C. Bought adjoining lot for use as parking lot; paid cash in full D. Sold a portion of the land on credit at a price equal to its cost. E. Obtained a loan from a bank F. Purchased office equipment on credit. G. Paid a liability. H. Collected part of amount owned to the business from purchaser of land. 1. Sold another portion of the land for cash at a price in excess of cost