7 Problem 3-28A (Algo) Show how the events affect the financial statements using a horizontal statements model LO 3-2, 3-3 222 points The following events pertain to Super Cleaning Company: Skipped eBook 1. Acquired $16.200 cash from the issue of common stock. 2. Provided $14.200 of services on account. 3. Provided services for $5,200 cash. 4. Received $3,600 cash in advance for services to be performed in the future. 5. Collected $10,200 cash from the account receivable created in Event 2 6. Paid $6,200 for cash expenses. 7. Performed $1,800 of the services agreed to in Event 4. 8. Incurred $2,700 of expenses on account. 9. Paid $1,700 cash in advance for one-year contract to rent office space. 10. Paid $2.350 cash on the account payable created in Event 8 11. Paid a $2,700 cash dividend to the stockholders. 12. Recognized rent expense for nine months' use of office space acquired in Event 9. References Required Show the effects of the events on the financial statements using a horizontal statements model like the following one. In the Statement of 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. 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 all cells require Input.) Income Statement Revenue - Expenses = Net Income Event No. SUPER CLEANING COMPANY Effect of Events on the Financial Statements Balance Sheet Liabilities Stockholders' Equity Accounts Unearned Common Retained + Payable + Revenue + Stock Earnings 16,200 + . Assets Accounts Receivable Statement of Cash Flows Cash + + Prepaid Rent 1. 18.200 + + + 16,200 FA 2. + + " = LI 1= 3. + + ar = + +1 -I 1 = . 4 + + + - + I+ 5. + + =1 + -I 8. + + = + + - + IP 7. + 1 + =P - 1= I= = 8. + = + + + -I 9. + - + 10. + + + + - 11. I 12. + Bal. 18.200 + 0 01 = 0 + 0 + 18.200 + 01 = 0 16.200