Based on A correct B:

a. In parallel columns, list the accounts that would be debited and credited for each of the following unrelated transactions: Account Debited Account Credited Event (1) Acquired cash from the issue of common stock. Common stock Service revenue Cash (2) Provided services for cash (3) Paid cash for salaries expense. (4) Purchased supplies for cash Cash Salaries expense Cash Supplies Prepaid rent Cash (5) Paid in advance for two-year lease on office space. Cash (6) Provided services on account. Accounts receivable Service revenue (7) Recognized expense for prepaid rent that had been used up by the end of the accounting period. Rent expense (8) Recognized accrued interest revenue Prepaid rent Interest receivable Interest revenue (9) Recorded accrued salaries at the end of the accounting period. Salaries expense Salaries payable b. Show how each transaction affects the financial statements by placing a and NA for not affected under each component in a horizontal statements model like the one shown below. Also, in the Cash Flow column, activity, and FA for financing activity. The first event is recorded as an example. (In the Cash Flows column, select "NA" if there is no effect.) for increase, for decrease, use the letters OA to designate operating activity, IA for investing Net Statement of Cash Revenue -Expenses No. Assets= Liabilities+Equity Income Flows NA (1) NA NA NA FA + + NA NA NA OA (2) + + + + NA NA NA OA (3) NA (4) NA NA NA NA NA NA OA NA NA NA NA NA FA (5) NA NA NA NA INA NA (6) + + + NA NA NA NA NA (7) NA NA INA NA NA NA NA (8) NA INA INA NA NA NA (9)