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Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office

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Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. a. Cash used for purchase of office supplies, $1,950. b. Cash provided from consulting to customers, $46,100. c. Cash used for purchase of mining equipment, $74,000. d. Cash provided from long-term borrowing, $61,000. e. Cash used for payment of employee salaries, $24,100. f. Cash used for payment of office rent, $12,100. g. Cash provided from sale of equipment purchased in c. above, $22,600. h. Cash used to repay a portion of the long-term borrowing in d. above, $40,500. i. Cash used to pay office utilities, $4,400. j. Purchase of company vehicle, paying $10,100 cash.

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