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1. Acquired $15,800 cash from the issue of common stock. 2. Provided $13,800 of services on account. 3. Provided services for $4,800 cash. -4. Received $3,200 cash in advance for services to be performed in the future. 5. Collected $9,800 cash from the account receivable created in Event 2. 6. Paid $5,800 for cash expenses. 7. Performed $1,600 of the services agreed to in Event 4. 8. Incurred $2,300 of expenses on account. 9. Paid $1,500 cash in advance for one-year contract to rent office space. 10. Paid $1,950 cash on the account payable created in Event 8. 11. Paid a $2,300 cash dividend to the stockholders. 12. Recognized rent expense for nine months' use of office space acquired in Event 9. 58 Required Show the effects of the events on the financial statements using the following horizontal statements model in the Cash Flows column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. If an account is not affected by the event, leave the cell blank. The first event is recorded as an example. (Do not round Intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Not every cell will require entry) Event Na SUPER CLEANING COMPANY Erfect of Events on the Financial Statements Liabilities Stockholders' Equity Accounts Unearned Common Recined Payable Revenue Titoch Earrings 15,000 Assets Accounts Receivable Cash Income Statement Prepaid Rent Santa 15.800 Raven Expenses Net Income 1 2 3 4 13,000 15.300 FA 5 6 7 8 10 11 12 Bal 15.000 13.300 O. 15.800 15