[KONIGIN]

Classify the events as asset source, use, or exchange

1) Acquire cash by issuing common stock
2) Purchase land with cash
3) Purchase equiptment
4) Pay monthly rent on an office building
5) Hire a new offfice manager
6) Borrow cash from bank
7) pay cash dividend to stockholder
8) pay cash for operating expences
9) pay an office managers salary with cash
10) receive cash for services that have been performed
11) provide service for cash
12) acquired land by accepting a liability (finance purchase)
13) Pay cash to purchase a new office building
14) discuss plans for new office building with an architect
15) repay part of bank loan

Identify each of the events as an asset source, use, or exchange transaction.
If it is not recorded under generally accepted accounting principles, identify it as not applicaple (NA) Also indicate for each event whether total assets would increase,decrease, or remain unchanged.