For Each of the Following Transactions,indicate the Type by Entering

question 97

Essay

For each of the following transactions,indicate the type by entering "AS" for asset source transaction,"AU" for asset use transaction,"AE" for asset exchange transaction,and "CE" for claims exchange transaction.
1)____Paid $10,000 for a plot of land.
2)____Recorded the accrual of $1,000 in salaries to be paid the following week.
3)____Issued common stock for $20,000 in cash.
4)____Incurred operating expense on account.
5)____Paid off its accounts payable.
6)____Earned revenue to be collected at a future date.
7)____Paid $2,000 in dividends to its stockholders.
8)____Received cash from customers in #6 above.
9)____Paid the salaries accrued in #2 above.
10)___Borrowed money from a local bank.

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Definitions:

Pilot Study

A small-scale preliminary study conducted to evaluate feasibility, duration, cost, and adverse events in preparation for a full-scale research project.

Observation

The action or process of closely monitoring or noting phenomena or behaviors to gather information.

Social Bookmarking Websites

Online platforms where users can save, organize, search, and manage bookmarks of web pages, allowing for easy sharing and discovery of content.

Direct Arrangement

A method of organization where information is presented in a straightforward, linear order, often used in writing or speech to clearly convey a message.