Chapter 7 5 accounting events in Year 1: 10 points $75,000 of revenue on account. 2. Collected $69,000 cash from accounts recelvable. 3. Wrote off of $850 eBook Reforancesa.Show the effect of each event on the elements of the financial met. Use-for incease,-for decrease, and NA for not affected. In the cash flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA) or not affected (NA). The first transaction is entered as an example b. Record the above transactions in general journal form. Complete this question by entering your answers in the tabs below. Show the effect of each event on the ncrease,- for decrease, and NA for not affected. In the cash flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA) or not affected (NA). The first s entered as an of E K Prev 5 of 7 Next >