help each of the song egy Rocafon the more change ich we the following the full lech of the require www. Der und die he Pad 52.60 Cahan pucha Pached poles on con C.200 series to be performed the comedor esto arty Comorore you Acusamung 200 Sold land thanh Aged 41000 omhoonmaak Kred of the Stone LPad chores - 1 - 1 - 9-3 1. Pald cash for other operating expenses of $1,600. Cash Flows from Net Income Event Operating Activities Adjustment Direction of Amount of Direction of Amount of Change Change Change Change a Decrease $ 2,600 Ad Decrease 650 b O Decreaso 1.100 Adi 750 C o increase 7,500 Ad increase 7.500 d o increase 10.200 Ad Increase 6.800 0 Decrease 4 200 0 Adj 0 0 1 Decrease 17,500 increase 17.500 Adj 0 0 9 Increase 47,000 Adi 0 0 h Increase 11,500 0 Ad o increase 10,350 Decrease 1,600 Decrease 1,600 Adi 0 - Saved Required Explain how each of the following events or series of events and the related adjusting entry will affect the amount of net income and the amount of cash flow from operating activities reported on the year-end financial statements. Identify the direction of change (increase or decrease) and the amount of the change. If there is no change, leave the cell blank. Organize your answers according to the following table. The first event is recorded as an example. If an event does not have a related adjusting entry, record only the effects of the event. (Not all cells require entry. Do not round intermediate calculations.) a. Paid $2,600 cash on October 1 to purchase a one-year insurance policy b. Purchased $1,400 of supplies on account. Paid $750 cash on accounts payable. The ending balance in the Supplies account after adjustment, was $300. c. Provided services for $7,500 cash. d. Collected $10.200 in advance for services to be performed in the future. The contract called for services to start on May 1 and to continue for one year. e. Accrued salaries amounting to $4,200. f. Sold land that cost $17,500 for $17.500 cash. g. Acquired $47.000 cash from the issue of common stock. h. Earned $11,500 of revenue on account. Collected $10,350 cash from accounts receivable. i. Pald cash for other operating expenses of $1.600. Cash Flows from Net Income Eventi Operating Activities Adjustment Direction of Amount of Direction of Amount of Change Change Change Change a Decrease $ 2,600 Adj Decrease 650 b o Decrease 1.100 Adi 750 0 0 Increase 71500 Adj Increase 7.500 d. 0 Increase 10,200 Increase 6,800 Adi Prey 27 of 29 Next >