ints ellook Print Problem 3-28A (Algo) Show how the events affect the financial statements using a horizontal tatements model LO 3-2, 3-3 The following events pertain to Super Cleaning Company. 1. Acquired $15,800 cash from the issue of common stock. 2. Provided $13,800 of services on account. 3. Provided services for $4,800 cash. 1. Received $3,200 cash in advance for services to be performed in the future. 5. Collected $9,800 cash from the account receivable created in Event 2. 5. Paid $5,800 for cash expenses. 7. Performed $1,600 of the services agreed to in Event 4. 3. Incurred $2,300 of expenses on account. Paid $1,500 cash in advance for one-year contract to rent office space. 3. Paid $1,950 cash on the account payable created in Event 8. 1. Paid a $2,300 cash dividend to the stockholders. 2. Recognized rent expense for nine months' use of office space acquired in Event 9. tequired: show the effects of the events on the financial statements using a horizontal statements model like the following one. In the Statement of Cash Flows column, use the letters OA to designate operating activity, IA for investing activity. FA for financing activity, and NC for et change in cash. The first event is recorded as an example. Note: Do not round intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Not ill cells require input. 8 points eBook Print Il cells require input. Balance Sheet SUPER CLEANING COMPANY Effect of Events on the Financial Statements Event Number Cash Assets. Accounts Receivable Liabilities Stockholders' Equity Prepaid Rent Accounts Payable Unearned Revenue Common Retained Stock Earnings 1. 15,800+ + 15,800+ 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. Balance t balances and PER CLEANING COMPANY Events on the Financial Statements Stockholders' Equity ed e + Common Retained Revenue Stock Earnings 15,800+ Income Statement Statement of Cash Flows Expenses Net Income 15,800 FA