During 2015,Morsch Company Issued Common Stock to Stockholders for $10,000;purchased

Essay

During 2015,Morsch Company issued common stock to stockholders for $10,000;purchased land for $2,000 cash;provided services to customers for $8,000;paid cash operating expenses of $6,200;and paid cash dividends of $1,000 to the company's owners.Enter each of these events into the horizontal financial statements model,below.Indicate dollar amounts of increases and decreases.For cash flows,show whether they are operating activities (OA),investing activities (IA),or financing activities (FA).Precede the amount with a minus sign if the transaction reduces that section of the equation or cash flow.
Enter 0 if there would be no entry in a column.