Identifying source, use, and exchange transactions
Required
Indicate whether each of the following transactions is an asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE) transaction.
a. Performed services for clients on account.
b. Paid cash for salary expense. 1 j
c. Acquired cash from the issue of common stock.
d. Incurred other operating expenses on account.
e. Performed services for cash.
f. Paid cash on accounts payable.
g. Collected cash from accounts receivable.
h. Paid a cash dividend to the stockholders.
i. Received cash for services to be performed in the future.
j. Purchased land with cash.
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