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Rocky owns and operates Balboa's Gym located in Philadelphla. The following transactions occur for the month of October: 1. October 2 Receive menbership dues for the month of October tataling $8,590. 2. October 5 Tssue conson stock in exchange for carh, $12,000. 3. October 9 Purchase adaitional boxing equipeent for 39 , 600, paying one-half of the asoont in cash and issuiag a note payable to the sellen for the other one -half due by the end of the year. 4. October 12 Pay \$1,500 for advertising reganding a special meabership rate available during the nonth of october. 5. October 19 Pay dividends to stockholders, $4,400. 6. October 22 Pay liability insurabce to cover accidents to members for the next six months, starting lovember 1, s6,900. 7. October 25 Recelve cash in advance tor Novenber mebberships, 55,600 . 3. Octaber 30 Receive, but do not pay, utilities bill for the month, 55,200 . 9. October 31 Pay enployees' salaries for the month, 37,300. Required: 1. Record each transaction. 2. Identily the transactions involving cash. 3. Assume the balance of cash at the beginning of October is $16,600. Post each cash transaction to the Cash Taccount. 4. Prepare a statement of cash flows for the month of October, properly classifying each of the cash transactions into operating. Investing. and financing activities. Assume that the balance of cash at the beginning of October is $16,600. Complete this question by entering your answers in the tabs below. Record each transaction. (ir no entiy is required for a transaction/event, select "No Journat Entry Required" in the first acoount ilekd.) Journal entry worksheet Required: 1. Record each transaction. 2. Identify the transactions involving cash. 3. Assume the balance of cash at the beginning of October is $16.600. Post each cash transaction to the Cash T-account. 4. Prepare a statement of cash flows for the month of October, properly classifying each of the cash transactions into operatin investing, and financing activities. Assume that the balance of cash at the beginning of October is $16,600. Complete this question by entering your answers in the tabs below. Assume the balance of cash at the beginning of October is $16,600. Post each cash transaction to the Cash T-account. Prepare a statement of cash flows for the month of October, properly classifying each of the cash transactions into operating, investing, and financing activities. Assume that the balance of cash at the beginning of October is $16,600. (List cash outflows and decrease in cash as negative amounts. Total entries from the same source together when entering in the statement of cash flows.) Skpped Required 3

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