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Course Content $/$ Module $2/$ Module $2$ Homework Assignment

Module $2$ Homework Assignment

a$.$ Owners invested cash in the company in exchange for shares of common stock.

b$.$ The company received cash from the bank for a loan.

c$.$ The company purchased equipment to manufacture goods for sale and paid with cash. days.

e$.$ The company paid monthly rent for a manufacturing space.

f$.$ The company paid cash dividends to the owners.

g$.$ The company received cash from the customer in transaction d$.$

Instructions

To indicate the account increases, select the plus sign $(+)$ from the drop$-$down menu.

To indicate the account decreases, select the minus sign $(-)$ from the drop$-$down menu.

Leave other answers boxes blank, if the account is not impacted by the transaction.

$\backslash$table$[[,$a$.,$b$.,$c$.,$d$.,$e$.,$f$.,$g$.],[$Balance Sheet$],[$Cash$,,,,,,+{?}^{},],[$Noncash assets,$*{*}^{},,,,,,],[$Total liabilities,,$+{?}^{},-,,-,,],[$Contributed capital,,,,,$-,,],[$Retained earnings,$+{?}^{},+{?}^{},,,,-,],[$Other equity,,$*{*}^{},+{?}^{},,,,],[$Statement of Cash Flows$],[$Operating cash flow,,,,,,,$],[$Investing cash flow,$,,,-,t^{},,],[$Financing cash flow,,$*{*}^{},,,,,+{?}^{}$