145. For each of the following transactions, indicate the type by entering "AS" for asset source transaction, "AU" for asset use transaction, "AE" for asset exchange transaction, and "CE" for claims...





145. For each of the following transactions, indicate the type by entering "AS" for asset source transaction, "AU" for asset use transaction, "AE" for asset exchange transaction, and "CE" for claims exchange transaction.



1) ____The company paid $10,000 for a plot of land.



2) ____Recorded the accrual of $1,000 in salaries to be paid later.



3) ____The company issued common stock for $20,000 in cash.



4) ____The business incurred operating expense on account.



5) ____The business paid off its accounts payable.



6) ____The business earned revenue to be collected next year.



7) ____The company paid $2,000 in dividends to its stockholders.



8) ____The business received cash from customers in #6 above.



9) ____Paid the salaries accrued in #2 above.



10) ___Borrowed money from a local bank.







May 15, 2022
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