Financial Accounting: Effect of transactions on measurements (cash basis, accrual basis)

30) For each of the following transactions, indicate by what amount each
of these types of measurements would be affected. Use parentheses to
indicate that an event would cause a decrease. If an event does NOT
involve an operating activity, place a zero in the spaces provided. The
time period covered is the current month.

Operating Activity

Cash Basis Accrual Basis

A) Inventory for resale was purchased for

$12,000 cash _________ ___________

B) Equipment was purchased for

$2,500 cash _________ ___________

C) Rent of $2,000 was paid, $1,000

for the current month and $1,000

for the next month _________ ___________

D) Inventory that cost $2,700 was sold

for $5,000 cash _______ ___________

E) Depreciation of $150 was recorded _________ ___________