P4-12 Cash flow concepts The following represent financial transactions that Johnsficld & Co. will be undertaking in the next planning period. For each transaction, check the statement or statements that will be affected immediately wer Statement Pro forma income Pro forma balance Transaction Cash budget statement sheet Cash sale Credit sale Accounts receivable are collected Asset with S-year life is purchased Depreciation is taken od Amortization of goodwill is taken Sale of common stock Retirement of outstanding bonds Fire insurance premium is paid for the next 3 years