Report the effects for each of the following transactions using the financial statement effects template.

a$.$ Issue stock for $$1,000$ cash.

b$.$ Purchase inventory for $$500$ cash.

c$.$ Sell inventory in transaction b for $$3,000$ on credit.

d$.$ Receive $$2,000$ cash toward the transaction c receivable.

Note: Use negative signs with answers when appropriate.

Note: If an answer field is not needed, leave it blank $($not all answer fields will be used$).$

BALANCE SHEET INCOME STATEMENT

Accounts Contributed Earned Net

Transaction Cash Receivable Inventory Liabilities Capital Capital Revenues Expenses Income

a$.$ Issuance of stock for cash Answer $1$

$0$

Answer $2$

$0$

Answer $3$

$0$

Answer $4$

$0$

Answer $5$

$0$

Answer $6$

$0$

Answer $7$

$0$

Answer $8$

$0$

Answer $9$

$0$

Answer $10$

N$/$A

Answer $11$

N$/$A

Answer $12$

N$/$A

Answer $13$

N$/$A

Answer $14$

N$/$A

Answer $15$

N$/$A

Answer $16$

N$/$A

Answer $17$

N$/$A

b$.$ Purchase inventory for cash Answer $18$

$0$

Answer $19$

$0$

Answer $20$

$0$

Answer $21$

$0$

Answer $22$

$0$

Answer $23$

$0$

Answer $24$

$0$

Answer $25$

$0$

Answer $26$

$0$

Answer $27$

N$/$A

Answer $28$

N$/$A

Answer $29$

N$/$A

Answer $30$

N$/$A

Answer $31$

N$/$A

Answer $32$

N$/$A

Answer $33$

N$/$A

Answer $34$

N$/$A

c$.$ Sell inventory in transaction b$.$ on credit Answer $35$

$0$

Answer $36$

$0$

Answer $37$

$0$

Answer $38$

$0$

Answer $39$

$0$

Answer $40$

$0$

Answer $41$

$0$

Answer $42$

$0$

Answer $43$

$0$

Answer $44$

N$/$A

Answer $45$

N$/$A

Answer $46$

N$/$A

Answer $47$

N$/$A

Answer $48$

N$/$A

Answer $49$

N$/$A

Answer $50$

N$/$A

Answer $51$

N$/$A

d$.$ Receive cash toward transaction in c$.$ Answer $52$

$0$

Answer $53$

$0$

Answer $54$

$0$

Answer $55$

$0$

Answer $56$

$0$

Answer $57$

$0$

Answer $58$

$0$

Answer $59$

$0$

Answer $60$

$0$

Answer $61$

N$/$A

Answer $62$

N$/$A

Answer $63$

N$/$A

Answer $64$

N$/$A

Answer $65$

N$/$A

Answer $66$

N$/$A

Answer $67$

N$/$A

Answer $68$

N$/$A