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(Appendix) Seascape Marina, Inc. had the following transactions during May of the current year. a. Invested $25,000 cash in the business. b. Paid office rent,

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(Appendix) Seascape Marina, Inc. had the following transactions during May of the current year. a. Invested $25,000 cash in the business. b. Paid office rent, $1,200. c. Purchased office equipment. Paid $4,500 in cash and agreed to pay the balance in six monthly installments. d. Paid cash for advertising in Seaview magazine, $900. e. Received cash for six research assignments, $3,600. f. Paid telephone bill, $240. g. Made payment on loan from transaction (c), $800. h. Withdrew cash for personal use, $1,800. Maid was to office assistant $600 Required: 1. Classify each transaction as an operating, investing, or financing activity. a. Invested $25,000 cash in the business. b. Paid office rent, $1,200. C. Purchased office equipment. Paid $4,500 in cash and agreed to pay the balance in six monthly installments. d. Paid cash for advertising in Seaview magazine, $900. e. Received cash for six research assignments, $3,600. f. Paid telephone bill, $240. 9. Made payment on loan from transaction (c), $800. h. Withdrew cash for personal use, $1,800. 1. Paid wages to office assistant, $600. s signo Cate casu VULTOWS, Casim 2. Prepare a statements HOWSUse a Seascape Marina, Inc. Statement of Cash Flows For Month Ended May 31, 20-- Cash flows from operating activities: 0 Total cash paid for operating activities Net cash provided by operating activities Cash flows from investing activities: Do Om 1 0 Net cash used for investing activities Cash flows from financing activities: Net cash provided by financing activities Net increase in cash 1

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