32) Which of these transactions increased the given company's total assets (may have more than one answer)?

Check All That Apply

• Purchased equipment by signing a note payable.

• Issued common stock for cash.

• Paid rent for the current month.

• Collected cash from customers on account

12) If a company records cash received for services to be provided in the future with a debit to Cash and a credit to Service Revenue, how will this error affect total assets for the current period?

Multiple Choice

• Total assets will be too high.

• Not possible to determine.

• Total assets will be correct.

• Total assets will be too low.

3) homework 2

Tiger Trade has the following cash transactions for the period.

Accounts	Amounts
Cash received from sale of products to customers	$	33,500
Cash received from the bank for long-term loan		38,500
Cash paid to purchase factory equipment		(43,500	)
Cash paid to merchandise suppliers		(10,700	)
Cash received from the sale of an unused warehouse		11,700
Cash paid to workers		(22,700	)
Cash paid for advertisement		(2,700	)
Cash received for sale of services to customers		23,500
Cash paid for dividends to stockholders		(4,700	)

Assume the balance of cash at the beginning of the period is $3,700.

Required:

1. Calculate the ending balance of cash.

=...?