The company used $45,000 in cash to purchase land on the west side of Hatu Lake.

a. List the accounts impacted by the transaction.

b. For each account, indicate whether the transaction increased or decreased the account.

c. For each account, indicate how much the transaction increased or decreased the account.

d. Compute the impact of the transaction on total assets, total liabilities, and total owners' equity.

a. The accounts impacted by the transaction would include:

- Cash (decreased)
- Land (increased)

b. For each account:
- Cash: The transaction decreased the cash account since $45,000 was used for the purchase of land.
- Land: The transaction increased the land account since the company acquired land on the west side of Hatu Lake.

c. For each account:
- Cash: The transaction decreased the cash account by $45,000.
- Land: The transaction increased the land account by $45,000.

d. To compute the impact of the transaction on total assets, liabilities, and owners' equity, we need more information. However, based on the given information, we can assume that there is no impact on liabilities and owners' equity. Therefore:
- Total assets: The transaction decreased total assets by $45,000 (due to the decrease in cash but increase in land).
- Total liabilities: No impact (based on the information provided).
- Total owners' equity: No impact (based on the information provided).