1. Acquired $30,000 cash from the issue of common stock

2.Borrowed $40,000 cash from national Bank

3. Earned cash revenues of $48,000 for performing services

4.Paid cash expenses of $25,000

5.Paid a $1000 cash dividend to the stockholders

6.Acquired an additional $20,000 cash from the issue of common stock

7. Paid $10,000 cash to reduce the principal balance of the bank note

8.Paid $53,000 cash to purchase land

9. Determined that the market value of the land is $75,000

s (FA), net change in cash (NC) and NA to indicate the element is not as an example. (Enter any decreases to account balances and cash outflows with a minus sign.) d by the event. The first event is shown Flows 30,000+ 30,000+ 30,000 FA