The following information was provided by the records of Collegetown Apartments (a corporation) at the end of

Question:

The following information was provided by the records of Collegetown Apartments (a corporation) at the end of the annual fiscal period, December 31, 2010:
Rent
a. Rent revenue collected in cash during 2010 for occupancy in 2010, $512,000
b. Rent revenue earned for occupancy in December 2010; not collected until 2011, $16,000
c. In December 2010, collected rent revenue in advance for January 2011, $12,000
Salaries
d. Cash payment in January 2010 to employees for work in December 2009 (accrued in 2009), $4,000
e. Salaries incurred and paid during 2010, $62,000
f. Salaries earned by employees during December 2010 that will be paid in January 2011, $3,000
g. Cash advances to employees in December 2010 for salaries that will be earned in January 2011, $1,500
Supplies
h. Maintenance supplies on January 1, 2010 (balance on hand), $3,000
i. Maintenance supplies purchased for cash during 2010, $8,000
j. Maintenance supplies counted on December 31, 2010, $1,700

Required:
For each of the following accounts, compute the balance to be reported in 2010, the statement the account will be reported on, and the effect (direction and amount) on cash flows (+ for increases cash and €“ for decreasescash).
The following information was provided by the records of College
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