Electronic Enterprises (EE) experienced eight accounting events during Year 6. These events affected EE’s financial statements as shown in the following horizontal financial statements model:

Required
Match the event number shown in the horizontal financial statements model above with the corresponding description of an event shown in the following table. The first event has been matched as an example.

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Balance Sheet Income Statement Stk. Equity Statement of Cash Flows Assets Llab. Ret. Earn. Accts. Rec. Accts. Com. Stk. Event Cash Net Inc. Pay. NA Rev. Exp. NA NA 1. NA NA NA + FA NA 2. NA NA NA NA 3. NA NA NA NA NA NA 4. NA NA NA NA + OA 5. NA NA NA NA + OA NA NA 6. NA NA OA NA NA 7. NA NA NA NA NA OA NA 8. NA NA NA NA NA FA 4 5. 6. 7. 8. Event No. Description Earned cash revenue. Incurred expenses on account. Incurred cash expenses. Used cash to pay off accounts payable. Collected cash from customer accounts receivable. Paid a cash dividend. Issued common stock for cash. Earned revenue on account. 1.