10. (4 points) Consider the effects of the independent transactions, a through d, on a company's balance sheet, income statement, statement of cash flows, and statement of stockholders' equity. a. Inventory is purchased with cash. b. Wages that had been accrued in a prior period are paid in cash C. Assets are written down due to impairment d. Gift cards are sold for cash. Complete the table below to explain the effects and financial statement linkages. Use "+to indicate the account increases and "-"to indicate the account decreases. + b. C. d. + Balance sheet Cash Noncash assets Total liabilities Contributed capital Retained earnings Other equity Statement of cash flows Operating cash flow Investing cash flow Financing cash flow Income statement Revenues Expenses Net earnings 10. (4 points) Consider the effects of the independent transactions, a through d, on a company's balance sheet, income statement, statement of cash flows, and statement of stockholders' equity. a. Inventory is purchased with cash. b. Wages that had been accrued in a prior period are paid in cash C. Assets are written down due to impairment d. Gift cards are sold for cash. Complete the table below to explain the effects and financial statement linkages. Use "+to indicate the account increases and "-"to indicate the account decreases. + b. C. d. + Balance sheet Cash Noncash assets Total liabilities Contributed capital Retained earnings Other equity Statement of cash flows Operating cash flow Investing cash flow Financing cash flow Income statement Revenues Expenses Net earnings