Identify each of the following independent transactions as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Also explain how each event affects assets, liabilities, stockholders' equity, net income, and cash flow by placing a + for increase, - for decrease, or NA for not affected under each of the categories. The first event is recorded as an example.

a. Provided services for cash.
b. Paid cash for operating expenses.
c. Paid cash for salaries expense.
d. Recovered and uncollectible account that had been previously written off (assume the direct write-off method is used to account for uncollectible accounts).
e. Paid cash to creditors on accounts payable.
f. Loaned cash to H. Phillips for one year at 6 percent interest.
g. Provided services on account.
h. Wrote off an uncollectible account (use the direct write-off method).
i. Recorded three months of accrued interest on the note receivable (see f above).
j. Collected cash from customers paying their accounts.
k. Paid cash for land.
I. Sold merchandise at a price above cost. Accepted payment by credit card. The credit card company charges a service fee. The receipts have not yet been forwarded to the credit card company.
m. Submitted receipts to the credit card company (see b above) and collected cash.
n. Sold land at its cost?

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Type of Event Retained Earnings Cash Assets Liabilities Net Event Common Stock Income Flow AS NA NA NA