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Help Save & Exit Submi Chock my work Required information (The following information applies to the questions displayed below The following horizontal financial statements model shows the transactions expe Year 1. Assume all transactions shown in the accounting equatio rienced by The Frame Shop (TFS) during n are cash transactions Required ontains missing data which should be completed. Use the letters "NA to indicate that no amount is re lated to the alpha character shown in the model Use the letters FA to represent financing activity, IA to represent investing activities, OA to represent operating activities, and NC to represent net change THE FRAME SHOP (TFs) Horizontal Financial Statements Model for Year 1 Balance Sheet Income Statement - Liabilties Stockholders' Equity Assets RevenueExpense Net Income Statement of Cash Flows Cash LandNotes Commorn +Retained 200,000- 350,000 NA NA 200,000 FA NA350,000 NA NA 350,000 (500000) NA + NAI+ NAI+ NA 1500,000) NA + 95.000-) NA1. 95000| 95,000-A (65.000)(65,000 OA 65,000 NA 12,000) NA NA + (12.000) 18,000 NA NA 112.000) 30,000 End 500,000- 35000 200,000 65,000 68,000 NC 2 3 4 5 of 12Next > 9 o search