Chapter 26, Problem 1QP

a.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

b.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

c.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

d.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

e.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

f.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

g.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

h.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

i.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

j.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

k.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

l.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

m.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

n.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.

o.

Summary Introduction

To identify: The effect of financial transactions on cash, as an increase in cash, decrease in cash and no change in cash.

Cash Account:

The cash account is the account that records the transactions related to the payments and receipts of cash in the books of accounts. The receipts increases the cash balance and the payments decreases the cash balance of the company.