Question 9 0.25 pts Bell Tower Company collected $13,000 in June of 2019 for 7 months of service which would take place from October of 2019 through April of 2020. The following account is affected as a result of the transaction in June. Unearned Revenue Service Revenue Accounts Receivable Cost of Goods Sold Question 12 0.25 pts Elston Company compiled the following financial information as of December 31, 2019 Service revenue $840,000 Common stock 180.000 240,000 Equipment Operating expenses 750,000 Cash 210,000 Dividends 50,000 Supplies 30,000 Accounts payable 120,000 Accounts receivable 300,000 Retained eamings. 1/1/19 450,000 Elston's retained earnings on December 31, 2019 are 90,000 540,000 480,000 450.000 Question 13 0.25 pts The Blumer Company entered into the following transactions during 2019: 1. The company was started with $22,000 of common stock issued to investors for cash. 2. On July 1, the company purchased land that cost $15,500 cash. 3. There were $700 of supplies purchased on account 4. Sales on account amounted to $9,500. 5. Cash collections of receivables were $5,500. 6. On October 1, 2019, the company paid $3,600 in advance for a 12-month insurance policy that became effective on October 1. 7. Supplies on hand as of December 31, 2019 amounted to $225. The amount of cash flow from investing activities would be: 14,800 Cash Inflow 15,500 Cash Outflow 15,500 Cash Inflow 16,200 Cash Outflow Question 14 0.25 pts The Blumer Company entered into the following transactions during 2019: 1. The company was started with $22,000 of common stock issued to investors for cash. 2. On July 1, the company purchased land that cost $15.500 cash. 3. There were $700 of supplies purchased on account 4. Sales on account amounted to $9,500. 5. Cash collections of receivables were $5,500 6. On October 1, 2019, the company paid $3,600 in advance for a 12-month insurance policy that became effective on October 1 7. Supplies on hand as of Decomber 31, 2019 amounted to $225, The amount of cash inflow from operating activities would be 3.100 8,400 5,400 1,900