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 creditors2)________ Issued common stock to investors for $8,000 cash3)________ Accrued interest expense4)________ Provided services to customers and collected $35,000 cash5)________ Paid creditors $10,0006)________ Provided services to customers on account, $12,0007)________ Collected $2,000 from customers in partial settlement of accounts receivable8)________ Recognized accrued salary expense of $2,000

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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 creditors2)________ Issued common stock to investors for $8,000 cash3)________ Accrued interest expense4)________ Provided services to customers and collected $35,000 cash5)________ Paid creditors $10,0006)________ Provided services to customers on account, $12,0007)________ Collected $2,000 from customers in partial settlement of accounts receivable8)________ Recognized accrued salary expense of $2,000

Determine Whether Each of the Following Events Are Asset Source