2. (17 Points) The following accounts are applicable to Thomson Inc., a company that provides appraisal for clients 1. Accounts Payable 2. Accounts Receivable 3. Appraisal Fees Eamed 4. Cash 5. Insurance Expense 6. Office Equipment 7. Office Supplies 15. Land 8. Office Supplies Expense 9. Prepaid Insurance 10. Salaries Expense 11. Telephone Expense 12. Unearned Appraisal Fees 13. Common Stock 14. Dividends 16. Note Payable Thompson Inc., completed the following transactions below and would like you to complete the effect of each transaction (Dr or CR) and the effect on the statement of cash flows. For cash inflows indicate (+) it the transaction increases (infloew) cash, or if the transaction uses (outflow) cash. Use NE if there is no effect on cash. An example transaction has been completed. Investing Financing Operating +x Transactions Dr Cr Provided appraisal service for a client and 4 3 received cash. 1. A Received cash in advance for appraising a 4 1 2 hail damage claim 2. Purchased office supplies on credit 741 3.The company paid cash dividends 4.Received the phone bill of the business and 4 immediately paid it 5.Paid the salary of the office assistant 6.Completed an appraisal for a client and immediately collected cash for the work performed 7. Purchased land for cash 8. Issue common stock for cash 31+