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Eowards Inc experienced the following events: Issued common stock for cash. Declared a cash dividend. Issued noncumulative preferred stock for cash. Appropriated retained earnings. Distributed

Eowards Inc experienced the following events: Issued common stock for cash. Declared a cash dividend. Issued noncumulative preferred stock for cash. Appropriated retained earnings. Distributed a stock dividend. Paid cash to purchase treasury stock. Distributed a 2 -for-1 stock split. Issued cumulative preferred stock for cash. Paid a cash dividend that had previously been declared. Sold treasury stock for cash at a higher amount than the cost of the treasury stock. Required Show the effect of each event on the elements of the financial statements using a horizontal statements model. The first event is recorded as an example. Use - for increase and - for decrease. (In the Cosh Flow column, use the Initiols OA to designate operating actlvity, IA

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