2 Required information (The following infomation applied to the questions played below! Sye Chase started and operated a small family architectural timin Yew The firm wed by two events Chase provided $18.400 of services on account, and 2 he purchased $6.200 of supplies on account. There were $1000 of supplies on hands of December 31, You . Show the above transactions in a horsztal statements model (Enter any decreases to account balances and cash outflow with a minus sign. In the Statement of Cash Flows column, use the initials A to designate operating activity, IA for investing activity FA for financing activity and NC for net change in cash Not all cells require input) CHANE ARCHITECTURAL SERVICES Electric Sant Sta Cab Het No, L. BE Account Com Red Emige Net RECO Recalabre Boca Na Required information The following information applies to the questions displayed below) Sye Chase started and operated a small family architectural firm in Yeart. The firm was affected by two events:( Chase provided $18.400 of services on account, and (2) he purchased 56,200 of supplies on account. There were $1.000 of supplies on hand as of December 31, Yeart c. Show the above transactions in a horizontal statements model (Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use the initials OA to designat uperating activity, IA for Investing activity, FA for financing activity and NC for net change in cash. Not all cells require input.) CHASE ARCHITECTURAL SERVICES Effect of Transactions on the Financial Statements for Yeart Balance Sheet income Stament Liabilities Stockholders' Equity Accounts Common Related Payable Stock Revenue Earnings Expense Net Income Statement of Cash Flows NE AL Accounts Receivable Supplies PB 0 0 O 0 0 Ba