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Les Stanley established an insurance agency on July 1, 20Y5, and completed the following transactions during July:

1. Opened a business bank account in the name of Stanley Insurance Inc., with a deposit of $51,500 in exchange for common stock.
2. Borrowed $26,000 by issuing a note payable.
3. Received cash from fees earned, $29,000.
4. Paid rent on office and equipment for the month, $3,100.
5. Paid automobile expense for the month, $1,900, and miscellaneous expense, $700.
6. Paid office salaries, $3,900.
7. Paid interest on the note payable, $100.
8. Purchased land as a future building site, $58,500.
9. Paid dividends, $4,500.

Need help with Statement of Cash Flow:

Cash + Land = Notes Payable + Common Stock + Retained Earnings

a. Issued Common Stock

b. Issued Note Payable

Balances:

c. Fee's Earned

Balances:

d. Rent Expenses

Balances:

e. Paid Expenses

Balances:

f. Paid Salary Expense

Balances

g. Paid Interest Expense

Balances

h. Purchased Land

Balances

i. Paid Dividents

Balances, July 31

Statement of Cash Flows

a. financing, operating or no effect

b. financing, operating or no effect

c. financing, operating or no effect

d. financing, operating or no effect

h. financing, operating or no effect

i. financing, operating or no effect

Increase in cash or decrease in cash? Amount ____

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