$4$

$14\mathrm{.}28$

Note: not all celis will require entry, vo not rouna intermealate calcuiations.

a$.$ Paid $$2,700$ cash on October $1$ to purchase a one$-$year insurance policy.

b$.$ Purchased $$1,350$ of supplies on account. Paid $$800$ cash on accounts payable. The ending balance in the Supplies account, after adjustment, was $$200.$

points

Skipped

c$.$ Provided services for $$7,300$ cash.

d$.$ Collected $$9,300$ in advance for services to be performed in the future. The contract called for services to start on May $1$ and to continue for one year.

e$.$ Accrued salaries amounting to $$4,100.$

f$.$ Sold land that cost $$17,700$ for $$17,700$ cash.

g$.$ Acquired $$51,500$ cash from the issue of common stock.

h$.$ Earned $$12,700$ of revenue on account. Collected $$11,430$ cash from accounts receivable.

i$.$ Paid cash for other operating expenses of $$1,000.$

eBook

$\backslash$table$[[\backslash$table$[[$Event or$],[$Adjustment$]],$Net Income,$\backslash$table$[[$Cash Flows from$],[$Operating Activities$]]],[\backslash$table$[[$Direction of$],[$Change$]],\backslash$table$[[$Amount of$],[$Change$]],\backslash$table$[[$Direction of$],[$Change$]],\backslash$table$[[$Amount of$],[$Change$]]],[$a$.,,,$Decrease,$$2,700$