Question: I need the answer for this question as soon as possible please? Show the effect of the transaction in a horizontal statements model. The first

I need the answer for this question as soon as possible please?Show the effect of the transaction in a horizontal statements model. TheI need the answer for this question as soon as possible please?

Show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example. Note: Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net change in cash. Not all cells require input. Exercise 13-14A (Algo) Recording events in the general journal and identifying their effect on financial statements LO 13-2 a. Performed $21,300 of services on account. b. Collected $21,700 cash on accounts receivable. c. Paid $4,800 cash in advance for an insurance policy. d. Paid $920 on accounts payable. e. Recorded the adjusting entry to recognize $3,700 of insurance expense. f. Received $9,100 cash for services to be performed at a later date. g. Purchased land for $980 cash. h. Purchased supplies for $1,900 cash. Required Record each of the above transactions in general journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example

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