Problem $1-30$A $($Static$)$ Classifying events as asset source, use, or exchange LO $1-4,1-6$

The following unrelated events are typical of those experienced by business entities:

Acquire cash by issuing common stock.

Pay other operating supplies expense.

Agree to represent a client in an IRS audit and to receive payment when the audit is complete.

Receive cash from customers for services rendered.

Pay employee salaries with cash.

Pay back a bank loan with cash.

Pay interest to a bank with cash.

Transfer cash from a checking account to a money market account.

Sell land for cash at its original cost.

Pay a cash dividend to stockholders.