for each transaction indicate the amount of the cash flow indicate whether each resu 541478

Amount

Inflow
or Outflow

Section of
the Statement

a. lssued1 00s hares of $2 par common
stock for $12 per share

b. Borrowed $7,000 from a local bank
to expand the business

c. Purchased $500 of supplies for $400 cash and the balance on account

d. Hireda carpenter to build some book case for the office for $500 cash

e. Earned revenue of $19,000 receiving $9,200 cash and the balance on account

f. Hired a student to do some typing
and paid him $250 cash

g. Repaid$ 7,000o f the bank loan along
with $250 interest.

h. Paid dividends of $600