The preceding 13 different accounting events are presented in general journal format. Use a horizontal statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. Indicate whether the event increases (+), decreases (−), or does not affect (NA) each element of the financial statements. Also, in the Statement of Cash Flows column, use the letters OA to designate operating activity, IA for investing activity, and FA for financing activity. The first event is recorded as an example.

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Event No. Account Title Debit Credit 1. Cash XXX Common Stock XXX 2. Prepaid Rent Cash XXX XXX Accounts Receivable XXX Service Revenue XXX 4. Cash XXX Unearned Revenue XXX Cash XXX Accounts Receivable XXX Supplies Accounts Payable XXX XXX Salaries Expense Cash 7. XXX XXX 8. Utilities Expense XXX Cash XXX 9. Supplies Expense Supplies XXX XXX 10. Unearned Revenue XXX Service Revenue XXX Cash Service Revenue 11. XXX XXX 12. Dividends XXX Cash XXX 13. Rent Expense Prepaid Rent XXX XXX 3. 5. 6.