Question 4 of 4 - / 10 HIT View Police Current Attempt in Progress The following transactions occurred for Mouawad Inc. 1. Inventory costing $295.000 was purchased on account A new vehicle costing $31.000 was purchased Mouwwad paid $6.900 as a down payment and the remaining $24.100 was 2 financed through a bank loan. 3. Surplustand was sold for $76.000, which was $16.500 more than its original cost. 4, During the year, the company made a payment of $18.000 on its mortgage payable: 52.250 of this amount was for the Interest on the debt 5. Wages of $45.000 were charged to expense as they were incurred. No wages were owing to the employees at the end of the 6. The company declared and paid dividends of $34,500 For each of the above items Identify the accounts affected and give the amounts by which they would be increased or decreased Credit account title automatically indented when amount is entered. Do not inden manually. If no entry is required, select "No Entry for the account titles and enter for the amounts: Transaction Account Titles and Explanation Debit Credit 2 e Textbook and Media List of Account Question Part Score e Textbook and Media List of Accounts Question Part Score -2.33 State the amount of any cash flow and whether cash is increased or decreased Transaction Increase Decreases Amounts 1 $ 2 2 V $ $ $ e Textbook and Media List of Accounts Question Part Score Identify how each item would be reported in Mouwwad's statement of cash flows Transaction Activity 1 5 e Textbook and Media List of Accounts Question Part Score All of used W S gb