Identify how each of the following separate transactions 1 through 10 affects financial statements. For increases, place a "+" and the dollar amount in the column or columns. For decreases, place a "?" and the dollar amount in the column or columns. Some cells may contain both an increase (+) and a decrease (?) along with dollar amounts. The first transaction is completed as an example.

A. For the balance sheet, identify how each transaction affects total assets, total liabilities, and total equity. For the income statement, identify how each transaction affects net income.

B. For the statement of cash flows, identify how each transaction affects cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.

Transaction A B Balance Balance Balance Income Statements Statements Statements Sheet Sheet Sheet Statement of Cash of Cash of Cash Flows Flows Flows Total Assets Total Total Equity Net Income Operating Investing Financing Liabilities Activities Activities Activities Owner invests $900 +900 +900 +900 cash in business in exchange for stock Receives $700 cash for services provided Pays $500 cash for employee wages Buys $100 of equipment on credit Purchases $200 of supplies on credit Buys equipment for $300 cash Pays $200 on accounts payable Provides $400 of services on credit Pays $50 cash in dividends Collects $400 cash on accounts receivable