The following unrelated events are typical of those experienced by business entities: 1. Acquire cash by issuing common stock 2. Pay cash for operating expenses 3. Agree to represent a client in an IRS audit and to receive payment when the audit is complete 4. Receive cash for services that have been performed 5. Pay employees salary with cash. 6. Pay back a bank loan with cash. 7. Pay interest on the bank loan with cash 8. Transfer cash from a checking account to a money market account. 9. Sell land for cash at its original cost. 10. Pay a cash dividend to stockholders. 11. Learned that a financial analyst determined the company's price-earnings ratio to be 26. 12. Borrow cash from a bank 13. Pay office supplies expense. 14. Make plans tb purchase office equipment at a future date. 15. Trade a used car for a computer with the same value