CAN YOU PLEASE HELP ME CORRECT THE ANSWERS AND SHOW THE RIGHT ONES CLEARLY PLEASE

The following information applies to the questions displayed below.) Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $23.700 of services on account, and (2) he purchased $6,300 of supplies on account. There were $1100 of supplies on hand as of December 31, Year 1. Exercise 13-10A Part d d. Explain why the amounts of net income and net cash flow from operating activities differ. Net Income 1500 Net Cash Flow from Operating Activities sh Flow from operating Aces $ 17.400 X 29 70 of revenue was earned on account, but none was 28. collected of supplies were used, but none were paid for. a. Performed $24,300 of services on account. b. Collected $16.900 cash on accounts receivable. c. Paid $4,500 cash in advance for an insurance policy. d. Paid $1,090 on accounts payable. e. Recorded the adjusting entry to recognize $3,300 of insurance expense. f. Received $5,200 cash for services to be performed at a later date. g. Purchased land for $1,680 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. Transaction Credit Account Titles Accounts receivable Service revenue Debit 24,300 24, 388 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.) No Transaction General Journal Credit Debit 16.900 Cash Accounts receivable Prepaid insurance 4,500 Cash 1,090 Accounts payable Cash 3.300 Insurance expense Prepaid insurance 5.200 Cash Unearned revenue Land 1,680 Horizontal Statements Model > WILT US Siyni.) = Liabilities - Expenses - Transaction a. Equity 24,300 0 Revenue 24,300 Net Income 24,300 Statement of Cash Flows 0 16,900 - 0 0 0 NC 0 0 0 Assets 24,300 16,900 |(16,900) 4,500 (4.500) (1,090) (3,300) 5.200 1.680 (1,680) 600 (600) 25.110 = = = = = = = - = - = = 0 - OF = = = = O 0 0 0 0 (3,300) 0 0 0 0 0 (1,090) 0 5,200 0 0 0 0 4,110 0 0 (3.300) 0 0 (4.500) NC (1.090) NC 0X 5,200 NC 1.680 IA (1.680) NCC 0 NC 16,510 OOO & 0 - = - 0 0 0 0 0 21,000 - 24,300 24,300 (3.300) Total =