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Part APerform Transaction Analysis for Blake Company Regarding the Following Transactions

question 55

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Part A.Perform transaction analysis for Blake Company regarding the following transactions for the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount. Part A.Perform transaction analysis for Blake Company regarding the following transactionsfor the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount.   Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use  no effect.  Place an X under the appropriate column for each transaction. Type of Activity   Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use "no effect." Place an X under the appropriate column for each transaction.
Type of Activity
Part A.Perform transaction analysis for Blake Company regarding the following transactionsfor the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount.   Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use  no effect.  Place an X under the appropriate column for each transaction. Type of Activity


Definitions:

Lipids

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E, and K), monoglycerides, diglycerides, triglycerides, phospholipids, and others.

Carbohydrates

Organic compounds occurring in foods and living tissues, including sugars, starch, and cellulose, which provide energy or contribute to structure.

Lymph

A body fluid formed within the tissue spaces and circulated throughout the body.

Glucose

A simple sugar that serves as the main source of energy for the body's cells.

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