last two questions on last picture

Purchases and sales of Merchandise, Cash Flows Cycle, we shop, opened for business an Aont 1 serie tory wom, the ing wat occurred airing a vist month bike Requiredi For all accounting equations, i financial statement is not affected to try and leave mont box blank or to the decisive mit Remember a contra account is Incred, it will have the effect of decreasing the comes in financial statement tem 1. Identity and analyze each of the following actions of Cycletime. Agrarive units from a Corp. for $400 tot westem 3/10, W30 ron destination Accounts Statements) Account Payable Increase Purchases. Increase Balance Sheet and income Statement How does this entry wtect the accountingution? Balance Sheet Income Statement Stockholders Equity Assets Heves Expenses Labines Accounts Payable 388 NEY Purchases April 10 or the one Act Operating Accounts Cool Decret Account Recrean Statements) Balance Sheet and income statement How does there are the accounting Balance sheet Income Statement Scheder Assets Liabilities Heren Art 15. donentur 5100 Activity Accounts 1 How does is entry affect to Balance Sheet Income Statement Stockholders fy As Liabilities Revenue Ant Purchase units witine tor 1900 W, 30. Font Account Star How does this afect the wingetu? How there the Stockholder Assets Lai . Apr 25: So three to 200, Activity Account Sut How the entry tect the song Balance Sheet Income Ratement Stockholders ty Ats Less | Reven Experts Apr 2: Paid for the Apes in purchase Activity Statements How does this entry tect the tingut Balance Sheet Income Statem Stockholm Assets Liabilities Revenue 2. Determine net comfort month of AprilCycetime incurred and w s100 for rent and for more curing Ape Ending story 2. Masuming that there the only tronction during April (ecuding rent and macaroon opettel), computer net cam von from aparating active them to move from a recen in cash or cash 4. Cash ortowuring the first month of business mocharger than expenses as shown on the moment due to Purchases and Safety comes to serverade very tang tomated during the finement Required For all accounting and not rected, selector and are the most bexixer er restore erfect regative, the Forester account is Intressed, whether of the comesooring financial statementem 1. Totty and we was transactions of Creme Art Purchased arcu torte tot terms 1/16, 30, o direton Active Sporting Account Acaba Tecrease Purchases increase Statement alance Shed Inco Statement How does this yet Stockholders Lies teens Nektary Pays 30 Pure Apt 10-si for the purcha Activity Operating Chapter 5 Homework CO Artwo luchas Dating Cash Decrease. Au Payable De Sta) Howy fferte Balance Income statement Liabilities Stock toy 0 Raven . -200 Monty Net Art Stone un cash Monts S Balance Sheet and income Statement w does the entry letter Balance Sheet Income Statemen How does this entry affect the counting equation Balance Sheet Income Statement Stockers Equity Assets REV 200 Neintex 200 Salerne 200 No Entry Ap 18: Puhased tantunits from Pimnil, the witte 10,30 Foo destination Acounts Statement Account Payable Inc. Purchase increme Balance Sheet and income Statement Hwas terity at the custom Balance Sheet Income Statement Assets Stocoder Equity -223 Ravenues Liabilities Ava Expenses O Ni 123 April 25. Sold the units for 200 each, anh Activity Operating Accounts Cash Increase Sales Revenge Increase Statement Balance Sheet and Income Statement How does this entry affect the accounting equation? Balance Sheet Income Sitement Stockholders' Assets Liabilities Revenues Expenses Equity 600 Cash 600 No Entry Sales Revenue 600 Na Enter April 28 Paid for the Aont 18 purchase Activity Operating Accounts Cash Decrctable Decrease Statement Balance Sheet Only How does entry affect the accounting in Balance sheet Income Statement Stockholders Equity Assets Revenues Expenses Liabilities Arcounts Payable Cach -873 -73 No Entry No Entry 2. Datormine net income for the month of Apr Cycletime incurred and paid $100 for cent and so he can expenses during April. Ending inventory is so clonere cometres 3. Assuming that these are the only transactions during April (including rent and miscono cometent show from operating activities. Use the sono indicate cash out for in cash or cash payment 4. Caur outflow on the rat month of business is much ger than expenses as shown on the income statement due to payments for acquisition of inventory which was unsold at the end of the month