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enovo 4. 200 points Nowly formed Electronics Services Corporation has 120,000 shares ofl $6 par common stock authorized On March 1, 2014, Electronics Services issued

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enovo 4. 200 points Nowly formed Electronics Services Corporation has 120,000 shares ofl $6 par common stock authorized On March 1, 2014, Electronics Services issued 10,000 shares of the stock for $11 per share On May 2 the company issued an additional 17,000 shares for $19 per share Electronics Services was not aflected by othor events duning 2014 Required a. Recoed the transacions in a horizontal statorments model lke the following one In the Cash Flow column, indicale whether the itom is an operating activity (OA), an investng activity (IA), or a financing activity (FA) Use NA to indicale that an oloment was not affectod by the event (Enter any decreases to account balances and cash outlqws with a minus sign) ELECTRONICS SERVICES CORPORATION Horizontal Statements Model Balance Sheet Income Statement Assets Stockholders Equity Statement of Date Liabilitles Common Caidai Revende Expense -Net Income Cash Flow Stock Capital In March 01, 2014 May 02, 2014

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