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During the Year,STU Company Earned $6,000 of Cash Revenue and Paid

Question 138

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During the year,STU Company earned $6,000 of cash revenue and paid $4,100 of cash expenses and $300 in dividends to the company's owners.Enter each of these three events into the horizontal financial statements model,below.Indicate dollar amounts of increases and decreases.For cash flows,show whether they are operating activities (OA),investing activities (IA),or financing activities (FA). During the year,STU Company earned $6,000 of cash revenue and paid $4,100 of cash expenses and $300 in dividends to the company's owners.Enter each of these three events into the horizontal financial statements model,below.Indicate dollar amounts of increases and decreases.For cash flows,show whether they are operating activities (OA),investing activities (IA),or financing activities (FA).

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