has to say whether it is an increase or decrease, as well as what account it is (example, "office supplies", "inventory", "unearned revenue", etc)

The following transactions occurred for That Old Company Inc. at the end of the year: a. Net Income for the year was $53,000. Depreciation Expense was $ b. 1,600 shares of Common Stock were issued for $26 per share in cash. c. Paid 21,000 towards a note payable. No new notes were signed this year. d. Purchased office equipment for $4,500 in cash. e. Cash dividends were paid this year. Beginning retained earnings was $180,000 and ending Retained Earnings was $220,000. Work through your calculations for each transaction and prepare the financing section of the statement of cash flows