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2. Other Objective Format For each event, complete the following horizontal financial statement table. Use + to indicate an increase, - to indicate a decrease,
2. Other Objective Format For each event, complete the following horizontal financial statement table. Use + to indicate an increase, - to indicate a decrease, and "NE" for no effect. If the even has an impact to the Statement of Cash Flows, also classify the impact as operating activity (OA), investing activity (IA), or financing activity (FA). EVENT Assets - Liabilities + Equity Revenue - Expense - Net Income Statement of Cash Flows Classification Example - Paid wity bill for cash NE NE 1. Performed services on account. 2. Purchased supplies on account 3. Purchased land for cash of $100,000 4. Received cash in advance from a customer for a 12 month subscription to newspaper 5. Provided six months of newspapers to the customer in 14 above. 6. Accrued salaries and wages payable at month-end. 7. Received cash from issuing common stock 8. Paid cash dividends to stockholders 9. Received cash payment for rvices performed in 1 above. 10. The land purchased in number was appraised at S125.000 a $25.000 gain since purchase
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