Chapter $18-$ Dropbox $5\mathrm{.}4$

Problem $1$: Changes in the Cash Account

List and indicate the impact of each of the following corporate actions on cash, using the letter I for an increase, D for a decrease, or N when no change occurs:

a$)$ A dividend is paid with funds received from a sale of debt. b$)$ Real estate is purchased and paid for with short$-$term debt. c$)$ Inventory is bought on credit. d$)$ A short$-$term bank loan is repaid. e$)$ Next year's taxes are prepaid. f$)$ Preferred stock is redeemed. g$)$ Sales are made on credit. h$)$ Interest on long$-$term debt is paid. i$)$ Payments for previous sales are collected. j$)$ The accounts payable balance is reduced. k$)$ A dividend is paid. l$)$ Production supplies are purchased and paid for with a short$-$term note. m$)$ Utility bills are paid. n$)$ Cash is paid for raw materials purchased for inventory. o$)$ Marketable securities are sold.

Create your Original Solution Below $-$ Be sure to show all calculations and clearly indicate answers.