Required
Identify whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Also show the effects of the events on the financial statements using the horizontal statements model. Indicate whether the event increases (I), decreases (D), or does not affect (NA) each element of the financial statements. In the Cash Flows column, designate the cash flows as operating activities (OA), investing activities (IA), or financing activities (FA). The first two transactions have been recorded as examples.

a. Purchased land for cash.
b. Acquired cash from the issue of common stock.
c. Collected cash from accounts receivable.
d. Paid cash for operating expenses.
e. Recorded accrued salaries.
f. Purchased supplies on account.
g. Performed services on account.
h. Paid cash in advance for rent on office space.
i. Adjusted the books to record supplies used during the period.
j. Performed services for cash.
k. Paid cash for salaries accrued at the end of a prior period.
l. Paid a cash dividend to the stockholders.
m. Adjusted books to reflect the amount of prepaid rent expired during the period.
n. Incurred operating expenses on account.
o. Paid cash on accounts payable.
p. Received cash advance for services to be provided in the future.
q. Recorded accrued interest revenue earned at the end of the accounting period.