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Transaction Analysis (a) Paid the current month's rent for 1200 in cash (b) Provided services to customers for cash for 1000 (c) Provided services to

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Transaction Analysis (a) Paid the current month's rent for 1200 in cash (b) Provided services to customers for cash for 1000 (c) Provided services to customers on account for 2500 (d) Recorded receipt of an electric bill to be paid next month for 250 (e) Paid an electric bill received in a priar month for 250 (i) Purchased land for 10000 in cash. (g) Purchased equipment in exchange for a nole payable for 7000 (h) Collected a previously recorded account receivable for 2500 (i) Purchased a building for 10.000 by paying 20% in cash (2,000) and agreeing to pay the remainder over future years. (i) Declared and paid a dividend to sharehclders for 5000 cash

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