Louisiana Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Louisiana Company Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Increase/(Decrease) Common Stock $32,000 $2400 $29,600 Retained Earnings 123,000 76,000 47,000 Treasury Stock (15.000) (8200) (6800) Total Equity $140,000 $70,200 $69.800 Note: 1. There were no stock retirements during the year. 2. There were no sales of treasury stock during the year. Compute the cash flow from transactions involving treasury stock. $6800 negative cash flow O $6800 of positive cash flow zero net cash flow $15,000 negative cash flow. Question 1 1 pts Alltech Company maintains a separate accounts receivable account for each customer. On June 18, Alltech provides $6,300 of services on account to customer Anthony and $1,200 of services on account to customer Walker. How will these two transactions affect the control and subsidiary accounts? The individual customer accounts in the subsidiary ledger will be increased with credits. O The control account will have a debit balance and the subsidiary accounts will have a credit balance. This keeps the accounting equation in balance. O The control account, Accounts Receivable, will be increased with a debit of $7,500. After posting these transactions, the sum of the balances in subsidiary accounts receivable will not equal the control account balance. Question 2 1 pts