Peter's Curling Inc. operates several curling centres for games and equipment sales. The following transactions occurred in October 2017.

Required:1. For each transaction, indicate in the appropriate column the account titles that are affected and the type of account (A for asset, L for liability, R for revenue, and E for expense), and the amount of cash received or paid.2. If a revenue or expense is to be recognized in October, indicate the amount. If a revenue or expense is not to be recognized in October, indicate why.3. Explain why the difference between revenues and expenses is not equal to the net cash flow during October 2017.

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Amount of Revenue Earned or Account Affected Cash Received Expense Incurred in October OR Why a Revenue or an Expense Is Not Recognized (Paid) in October and Type of Activity Account (a)The curling league gave Peter's a deposit of $2,600 for the upcoming fall season. |(b) Peter's received $2,500 from customers on account who purchased merchandise in September. |(c) Peter's paid $1,900 for the September electricity bill and received the October bill for $2,200, which will be paid in November. (d) Peter's sold curling equipment inventory for $7,000; received $3,000 in cash and the rest on account; cost of sales is $4,200. |(e) Peter's collected $13,000 from customers for games played in October. H Peter's paid $1,400 to plumbers for repairing a broken pipe in the washrooms. (9) Peter's paid $4,700 to employees for work in October. (h)Peter's purchased and paid for $1,800 in insurance for coverage from October 1 to December 31. Totals