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Business, 02.10.2020 16:01 leilakainani26

All-Star Automotive Company experienced the following accounting events during Year 1 1. Performed services for $15,900 cash.
2. Purchased land for $8.900 cash.
3. Hired an accountant to keep the books.
4. Received $49,000 cash from the issue of common stock
5. Borrowed $11,800 cash from State Bank.
6. Paid $5.900 cash for salary expense.
7. Sold land for $11.800 cash.
8. Paid $4.900 cash on the loan from State Bank.
9. Paid $6,100 cash for utilities expense.
10. Paid a cash dividend of $2,900 to the stockholders.

Required
a. Indicate how each of the events would be classified on the statement of cash flows as operating activities (OA), investing activities
(1A), financing activities (FA), or not applicable (NA).
Event / Classification
1
2
4
5
5
7
8
10

2 part question. Please help me with both


All-Star Automotive Company experienced the following accounting events during Year 1

1. Performe

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All-Star Automotive Company experienced the following accounting events during Year 1 1. Performed...

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