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Cash sale of land (no gain or loss). Answer 1To chooseF +F-O +O-I +NIF Decrease in Accrued Liabilities. Answer 2To chooseF +F-O +O-I +NIF Increase

Cash sale of land (no gain or loss).

Answer 1To chooseF +F-O +O-I +NIF

Decrease in Accrued Liabilities.

Answer 2To chooseF +F-O +O-I +NIF

Increase in Accounts Payable.

Answer 3To chooseF +F-O +O-I +NIF

Payment of cash dividend.

Answer 4To chooseF +F-O +O-I +NIF

Increase in Salaries Payable

Answer 5To chooseF +F-O +O-I +NIF

Payment of long-term debt.

Answer 6To chooseF +F-O +O-I +NIF

Loss on sale of land.

Answer 7To chooseF +F-O +O-I +NIF

Purchase of treasury stock

Answer 8To chooseF +F-O +O-I +NIF

Issuance of long-term note payable to borrow cash.

Answer 9To chooseF +F-O +O-I +NIF

Issuance of common stock.

Answer 10To chooseF +F-O +O-I +NIF

Increase in Prepaid Expenses.

Answer 11To chooseF +F-O +O-I +NIF

Net income

Answer 12To chooseF +F-O +O-I +NIF

Acquisition of equipment by issuance of note payable.

Answer 13To chooseF +F-O +O-I +NIF

Acquisition of building by issuance of common stock.

Answer 14To chooseF +F-O +O-I +NIF

Decrease in Merchandise Inventory.

Answer 15To chooseF +F-O +O-I +NIF

Depreciation Expense.

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