Nevada Companies experienced the following events during its first year of operations: 1. Acquired $1,000 cash from the issue of common stock. 2. Paid $24 cash for utilities expense. 3. Paid a $1,500 cash dividend to the stockholders. 4. Provided boarding services for $6,000 cash. 5. Purchased additional land for $2,500 cash. 6. Determined the market value of the land to be $24,000 at the end of the accounting period, 7. Acquired an additional $16,000 cash from the issue of common stock. 8. Paid $3,500 cash for salary expense. 9. Borrowed $10,000 cash from New South Bank. 10. Paid $6,000 cash to purchase land. 11. Provided additional boarding services for $10,500 cash. ok int int -ences Required Classify each event as an asset source, use, or exchange transaction or as not applicable (NA). Event Classification 1. 2. 3 Required Classify each event as an asset source, use, or exchange transaction or as not applicable (NA). Event Classification 56 nts 1. 2. 3. eBook 5. Hint 6 7. Print References 8. 9. 10. 11