For each Financial Transaction for Zorus Company below, identify the effect on the Balance Sheet, Income Statement and Statement of Cash Flows. If a transaction does not effect a statement(s), then answer N/A. (1/2 point for each of the three statements.) Identify if the transaction on the statement of cash flows is an Operating activity (OA), Investing activity (IA) or a Financing Activity (FA) 1. Supplies of $10,000 were purchased on Account on Feb. 5. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 2. A cash advance of $25,000 was received for future services to be performed on July 15. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 3. A $4,000 Dividend was paid to shareholders on October 1. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 4000 4. Wages Payable in the amount of $3,500 was accrued on October 15. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 5. Sales Revenue of $300,000 cash was received on December 31. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 6. A sales contract was discussed with a client. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - - 7. Common Stock was issued for cash in the amount of $25,000,000. Assets = Liabilities + Stockholders' Equity Statement of Cash Flow = + Common Stock + Retained Earnings REV - EXP - DIV = + + - -