For each of the following transactions, indicate the type by entering AS for asset source transactions, AU for asset use transactions, AE for asset exchange transactions, and CE for claims exchange transactions.
1) ___ Purchased supplies on account.
2) ___ Recorded the accrual of $1,000 in salaries to be paid later.
3) ___ Issued common stock for $20,000 in cash.
4) ___ Earned revenue to be collected next year.
5) ___ Paid $2,000 in dividends to its stockholders.
6) ___ Received cash from customers in #4 above.
7) ___ Paid the salaries accrued in #2 above.
8) ___ Received $500 from a customer for services to be provided later.

Question

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The Answer of For each of the following transactions, indicate the type by entering AS for asset source transactions, AU for asset use transactions, AE for asset exchange transactions, and CE for claims exchange transactions.
1) ___ Purchased supplies on account.
2) ___ Recorded the accrual of $1,000 in salaries to be paid later.
3) ___ Issued common stock for $20,000 in cash.
4) ___ Earned revenue to be collected next year.
5) ___ Paid $2,000 in dividends to its stockholders.
6) ___ Received cash from customers in #4 above.
7) ___ Paid the salaries accrued in #2 above.
8) ___ Received $500 from a customer for services to be provided later.

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