Determine whether each of the following events are asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE)transactions.
________1)Borrowed $6,000 from creditors________2)Issued common stock to investors for $8,000 cash________3)Paid one year's rent in advance________4)Provided services to customers and collected $35,000 cash________5)Recognized depreciation expense________6)Received $3,000 of revenue in advance________7)Provided services to customers on account, $12,000________8)Collected $2,000 from customers in partial settlement of accounts receivable________9)Recognized accrued salary expense of $2,000________10)Adjusted the records for supplies used of $800

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The Answer of Determine whether each of the following events are asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE)transactions.
________1)Borrowed $6,000 from creditors________2)Issued common stock to investors for $8,000 cash________3)Paid one year's rent in advance________4)Provided services to customers and collected $35,000 cash________5)Recognized depreciation expense________6)Received $3,000 of revenue in advance________7)Provided services to customers on account, $12,000________8)Collected $2,000 from customers in partial settlement of accounts receivable________9)Recognized accrued salary expense of $2,000________10)Adjusted the records for supplies used of $800

Determine Whether Each of the Following Events Are Asset Source