Business, 23.09.2021 09:00 20011854

Consider the effects of the independent transactions, a through g, on a company's balance sheet, income statement, and statement of cash flows. a. Owners invested cash in the company in exchange for shares of common stock.
b. The company received cash from the bank for a loan.
c. The company purchased equipment to manufacture goods for sale and paid with cash.
d. The company manufactured a custom piece of inventory and paid cash for materials and labor. The company sold the inventory for more than cost, and the customer promised to pay for the inventory in 30 days.
e. The company paid monthly rent for a manufacturing space.
f. The company paid cash dividends to the owners.
g. The company received cash from the customer in transaction d.

Required:
Draw the table to explain the effects and financial statement linkages.

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Consider the effects of the independent transactions, a through g, on a company's balance sheet, inc...

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