2x+4=7 Poqured. a. Show the effects of the events on the financlal statements using a horizontal statements model given below. In the Cash Flows column, use OA to designate operating activity. FA for financing activity. IA for investing activity, or NC for net change in cash. If the element is not affected by the event. leave the cell blank. The beginning balances have been entered as an example. (Enter any decreases to account balances and cash outflows with o minus sign. Not all cells will require entry.) 2x+4=7 Poqured. a. Show the effects of the events on the financlal statements using a horizontal statements model given below. In the Cash Flows column, use OA to designate operating activity. FA for financing activity. IA for investing activity, or NC for net change in cash. If the element is not affected by the event. leave the cell blank. The beginning balances have been entered as an example. (Enter any decreases to account balances and cash outflows with o minus sign. Not all cells will require entry.)