please hurry!!! (4,5)

Question 4 (10 points) For each of the following independent transactions, you are to indicate, using the table on the next page, how the item(s) would be reflected on the Cash Flow Statement. That is, () whether the item is an increase or decrease and in what dollar amount, and (ii) in which category or categories the item should be classified: operating, investing, or financing. If the item does not affect the Cash Flow Statement Indicate so in the last column "other" by noting "No Effect". a) Land was purchased for $75,000. b) Building that had cost $80,000 and had accumulated depreciation of $15,500 was sold for $50,000 c) A payment of $23,000 was made on a Note payable d) Depreciation expense for the year was $25,000. e) Accounts p payable increased during the year in the amount of $5000. Land was purchased for $180,000 by issuing common shares Question 5 (10 points) On June 1, Reliable Corporation borrows $120,000 from the bank by signing a 3-month, 3.6%, bank loan. Interest is due at the beginning of each month, commencing July 1. Year end is July 31. Instructions Prepare the entries listed associated with the bank loan on the books of Reliable Corporation (a) Prepare the entry on June 1 when the loan was received. (b) Prepare journal entry for July 1. (c) Prepare any adjusting entries necessary on July 31 in order to prepare the monthly financial statements (d) Record payment on August 1. (e) Prepare the entry to record repayment of the loan at maturity on August 31