After reconciling its bank account, Watson Company made the following adjustments to its cash account:

Event Number	Event Description
1	Corrected overstatement of expense
2	Recognized bank collection of an account receivable
3	Recognized interest revenue
4	Recognized bank service charge
5	Recognized NSF check from Beat

Required:

Identify the event depicted in each adjustment as asset source (AS), asset use (AU), asset exchange (AE), or claims exchange (CE). Also identify how each entry affects the accounting equation by selecting a + for increase, for decrease, or +/ for both. Accounting equation components that are not affected by the events should be left blank. The first event is recorded as an example.

Note: Not all cells will require an input.

\begin{tabular}{|c|c|c|c|c|c|c|} \hline EventNumber & TypeofEvent & Assets & = & \multicolumn{2}{c|}{ Liabilities +StockholdersEquityCommonStock} & RetainedEarnings \\ \hline 1. & AS & + & & & & + \\ \hline 2. & & & & & & \\ \hline 3. & & & & & \\ \hline 4. & & & & & \\ \hline 5. & & & & & \\ \hline \end{tabular}