Identifying source, use, and exchange transactions
Required
Indicate whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE) transaction.
a. Performed services for cash.
b. Performed services for clients on account.
c. Collected cash from accounts receivable.
d. Invested cash in a certificate of deposit.
e. Purchased land with cash.
f. Acquired cash from the issue of stock.
g. Paid a cash dividend to the stockholders.
h. Paid cash on accounts payable.
i. Incurred other operating expenses on account.
j. Paid cash for rent expense.