For each of the following transactions, identify which financial statement(s) is impacted in the current period. It may be that multiple financial statements are impacted, it may be that no financial statements are impacted. (BS Balance Sheet, IS Income Statement, CF Cash Flow Statement, or none)

Transaction

1. Common Stock is sold to shareholders to establish company.

2. Employees earn salary for the week but are not yet paid.

3. Cash is collected from customer based on a sale today.

4. Cash is collected from customer based on prior period sale.

5. Company is fined which is payable in next period.

6. Salaries are paid which were earned in previous period.

7. A customer order that has been back-logged is finally shipped.

8. Company buys a new manufacturing plant on last day of period.

9. Casino (the company) wins a hand of black-jack.

10. This weeks food delivery is received at a restaurant.

11. Vendors are paid.

12. Interest expense is calculated on outstanding debt.

13. Company records depreciation expense for period.

14. Repairman fixes broken computer and will bill next period.

15. Department orders a product but it is not received.