a. Performed $20,800 of services on account. b. Collected $21,900 cash on accounts receivable. c. Paid $5,200 cash in advance for an insurance policy. d. Paid $1,310 on accounts payable. e. Recorded the adjusting entry to recognize $3,600 of insurance expense. f. Received $9,800 cash for services to be performed at a later date. g. Purchased land for $1,660 cash. h. Purchased supplies for $1,600 cash. Required Record each of the preceding transactions in general journal form and then show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example. Complete this question by entering your answers in the tabs below. Show the effect of the transaction in a horizontal statements model. The first transaction is shown as an example. (Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use OA to designate operating activity, IA for investment activity, FA for financing activity, and NC for net change in cash. Not all cells require input.)