Rocky owns and operates Balboa's Gym located in Philadelphia. The following transactions occur for the month of October: Journal entry worksheet

Record receipt of membership dues for the month of October totaling $$8,200.$

Note: Enter debits before credits. Identify the transactions involving cash. $($Select all that apply.$)$

October $2$ Receive membership dues for the month of October totaling $$8,200.$

October $5$ Issue common stock in exchange for cash, $$12,000.$

October $9$ Purchase additional boxing equipment for $$9,300,$ paying one$-$half of the amount in cash and issuing a note payable to

the seller for the other one$-$half due by the end of the year.

October $12$ Pay $$1,200$ for advertising regarding a special membership rate available during the month of October.

October $19$ Pay dividends to stockholders, $$4,100.$

October $22$ Pay liability insurance to cover accidents to members for the next six months, starting November $1,$$$6,600.$

October $25$ Receive cash in advance for November memberships, $$5,300.$

October $30$ Receive, but do not pay, utilities bill for the month, $$4,900.$

October $31$ Pay employees' salaries for the month, $$7,000.$ Complete this question by entering your answers in the tabs below.

Required $2$

Required $3$

Required $4$

Assume the balance of cash at the beginning of October is $$16,300.$ Post each cash transaction to the Cash T$-$account.

$\backslash$table$[[$Cash$],[$Debit$,$Credit$],[$Beginning Balance,$16,300,],[,,],[,,],[,,],[,,],[,,],[$Ending Balance,$16,300,]]\backslash$table$[[$For the Month Ended October $31],[$Cash Flows from Operating Activities,$],[$Cash inflows:$],[,],[,],[,],[$Cash outflows:$],[,],[,],[,],[,],[,],[$Net cash flows from operating activities,$$],[$Cash Flows from Investing Activities$],[,],[,],[$Net cash flows from investing activities,$0],[$Cash Flows from Financing Activities$],[,],[,],[,],[,],[$Net cash flows from financing activities,$0],[,],[$Cash at the beginning of the month,$]]$

October $2$ Receive membership dues for the month of October totaling $$8,200.$

October $5$ Issue common stock in exchange for cash, $$12,000.$

October $9$ Purchase additional boxing equipment for $$9,300,$ paying one$-$half of the amount in cash and issuing a note

payable to the seller for the other one$-$half due by the end of the year.

October $12$ Pay $$1,200$ for advertising regarding a special membership rate available during the month of October.

October $19$ Pay dividends to stockholders, $$4,100.$

Pay liability insurance to cover accidents to members for the next six months, starting November $1,$

October $22$$$6,600.$

October $25$ Receive cash in advance for November memberships, $$5,300.$

October $30$ Receive, but do not pay, utilities bill for the month, $$4,900.$

October $31$ Pay employees' salaries for the month, $$7,000.$

Required:

Record each transaction.

Identify the transactions involving cash.

Assume the balance of cash at the beginning of October is $$16,300.$ Post each cash transaction to the Cash T$-$account.

Prepare a statement of cash flows for the month of October, properly classifying each of the cash transactions into operating,

investing, and financing activities. Assume that the balance of cash at the beginning of October is $$16,300.$

Complete this question by entering your answers in the tabs below.

Required $3$

Record each transaction. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet