Complete this question by entering your answers in the tabs below. Req A Req B to D Req F to G Show the effects on the financial statements using the following horizontal statements model. In the cash flow column, use OA to designate operating acti financing activity, or NC for net change. If the element is not affected by the event, leave the cell blank. The first transaction is shown as an example. (No decreases to account balances with a minus sign.) LEWIS AND HARPER Horizontal Statements Model For Accounting Year 1 Stockholders' Assets Liabilities Income Statement + Equity Statement of Event No. Cash Flows Cash + Accounts Receivable Accounts Payable Salaries Retained + + Revenue Expense Net Income Payable Earnings 1 + 70,000 ==1 + + 70,000 70,000 70,000 23 2 + + + + + + + + 5 + + + 9 6. + 7 + + + + 8. + Totals + + + O Search < Req A Req B to D > < Prev 1 of 4 Next > 13