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Consider the scenarios below. Which of the four cash flow rules, if any, apply? Sold $1,000 Air Jordans Lent a friend $100 Borrowed $20 from

Consider the scenarios below. Which of the four cash flow rules, if any, apply?

  1. Sold $1,000 Air Jordans
  2. Lent a friend $100
  3. Borrowed $20 from a friend
  4. Deposited a $1,400 paycheck
  5. Purchased $100 groceries with cash
  6. Purchased $300 scooter with a credit card
  7. Told the friend you had lent $100 Dont worry about it
  8. Worked 8 hours at $30/hour. Payday is next week.

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