question 1

Current Attempt in Progress For each of the following transactions, indicate whether it will result in an increase, decrease, (a) Repayment of mortgage payable (b) Payment of interest on mortgage For each of the following transactions, indicate whether it will result in an increase, decrease, or have no effect on cash flows: (a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) Repayment of mortgage payable Payment of interest on mortgage Purchase of land in exchange for common shares Issue of preferred shares for cash Payment for the purchase of a trading investment Collection of accounts receivable Declaration of cash dividend Payment of cash dividend Cash purchase of inventory Recording of depreciation expense Purchase and cancellation of common shares