Part A.Perform transaction analysis for Blake Company regarding the following transactions for the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount. Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use "no effect." Place an X under the appropriate column for each transaction.
Type of Activity

Question

Part A.Perform transaction analysis for Blake Company regarding the following transactions for the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount.

Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use "no effect." Place an X under the appropriate column for each transaction.
Type of Activity

Quizplus · Accepted Answer

The Answer of Part A.Perform transaction analysis for Blake Company regarding the following transactions for the month of March.Indicate the account affected by the transaction as well as the increase (+)or decrease (-)to the components of the accounting equation and the amount. Part B.Determine whether the transactions A-F above affected cash flows during March.If so,determine the type of activity as an operating activity,an investing activity,or a financing activity.If cash is not affected use "no effect." Place an X under the appropriate column for each transaction. Type of Activity

Part APerform Transaction Analysis for Blake Company Regarding the Following Transactions