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  3. consider the effects of the independent transactio

Consider the effects of the independent transactions, 1 through 11, on a companys balance sheet,...

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Accounting

Consider the effects of the independent transactions, 1 through 11, on a companys balance sheet, income statement, statement of cash flows, and statement of stockholders equity.

  1. Stock was issued to investors for $
  2. Company borrowed money from a bank.
  3. Company purchased lawn mower with cash.
  4. Services were done for cash.
  5. Supplies were bought on credit.
  6. Wages were accrued at the end of the period.
  7. Rent was paid in cash.
  8. Supplies inventory was adjusted for items utilized
  9. Company paid interest on debt
  10. Company made a principle payment on debt
  11. Investors were paid a cash dividend

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