a. Performed $23,400 of services on account. b. Collected $17,600 cash on accounts receivable. c. Paid $5,200 cash in advance for an insurance policy. d. Paid $770 on accounts payable. e. Recorded the adjusting entry to recognize $3,300 of insurance expense. f. Received $9,000 cash for services to be performed at a later date. g. Purchased land for $1,640 cash. h. Purchased supplies for $600 cash. Required Record each of the above 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. Credit Transaction a Account Titles Accounts receivable Service revenue Debit 23,400 23,400 Complete this question by entering your answers in the tabs below. General Journal Horizontal Statements Model Record each of the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) General Journal Horizontal Statements Model Record each of the above transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Collected $17,600 cash on accounts receivable. Note: Enter debits before credits. Transaction General Journal Debit Credit b Record entry Clear entry View general journal General Journal Horizontal Statements Model 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.) Balance Sheet Income Statement Transaction Statement of Cash Flows Assets = Liabilities + Stk. Equity Revenue Expenses = Net Income a. 23,400 - 23,400 23,400 - 23,400 b. + c. = 1 + = =r + E d. e + = f = 9. + h. Total River Co. began the accounting period with a $67,000 debit balance in its Accounts Receivable account. During the accounting period, River Co. earned revenue on account of $310,800. The ending Accounts Receivable balance was $65,000. Required Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period. (Hint: Use a T-account for Accounts Receivable. Enter the debits and credits for the given events, and solve for the missing amount.) Cash inflow from operating activities