E$2-29.$ Apply Financial Statement Linkages to Understand Transactions

Consider the effects of the independent transactions, a through $g,$ on a company's balance sheet, income

statement, and statement of cash flows. Complete the table below to explain the effects and financial

statement linkages. Use $"+"$ to indicate the account increases and $"-"$ to indicate the account decreases.

Refer to Exhibit $2\mathrm{.}10$ as a guide for the linkages.

a$.$ The company issued common stock in exchange for cash and property and equipment.

$b.$ The company paid cash for rent of office furnishings and facilities.

c$.$ The company performed services for clients and immediately received cash earned.

d$.$ The company performed services for clients and sent a bill with payment due within $60$ days.