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Can I get some help on fiing out this financial statement, thank you! The following events pertain to My Assistant 1. Acquired $16,400 cash from

Can I get some help on fiing out this financial statement, thank you! image text in transcribed
image text in transcribed
The following events pertain to My Assistant 1. Acquired $16,400 cash from the issue of common stock. 2. Provided $14.400 of services on account. 3. Provided services for $5,400 cash. 4. Received $3,800 cash in advance for services to be performed in the future. 5. Collected $10,400 cash from the account receivable created in Event 2. 6. Paid $6,400 for cash expenses. 7. Performed S1,900 of the services agreed to in Event 4. 8. Incurred $2,900 of expenses on account 9. Paid $1,800 cash in advance for one-year contract to rent office space. 10. Paid $2,550 cash on the account payable created in Event 8 11. Pald a $2,900 cash dividend to the stockholders. 12. Recognized rent expense for nine months' use of office space acquired in Event 9. Required Show the effects of the events on the financial statements using the following horizontal statements model. In the 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. If an account is not affected by the event, leave the cell blonk. 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 every cell will require entry) Income Statement Event No Assets Accounts Receivable MY ASSISTANT COMPANY Effect of Events on the Financial Statements Liabilities Stockholders' Equity Account Uneamed Common Retained Payable Revenue Stock Earning - 16,400 Prepaid Rent Cash Revenu Expenses Ne 1 18.400 2 3 4 5 Iculations. Enter any decreases to account balances CLOUD MY ASSISTANT COMPANY Emoct of Events on the Financial Statements Stockholders' Equity Uneamed Common Retained Ravenue Earrings 16,400 Sant of Flores Prep Revende Arts Rece Account Payable Stock 18.400 Cash 16400 + 1 2 3 7 0 11 10.00 12 400 1600

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