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Required information Exercise 13-10A (Algo) Recording supplies and identifying their effect on financial statements LO 13-1, 133, 13-4 The following information applies to the questions

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Required information Exercise 13-10A (Algo) Recording supplies and identifying their effect on financial statements LO 13-1, 133, 13-4 The following information applies to the questions displayed beiowJJ Sye Chase started and operated a small family architectural firm in Year 1 . The tirm was affected by two events. (t) Chase provided $19,300 of services on account, and (2) he purchased $3,000 of supplies on account. There were $850 of supplies on hand as' of December 3t, Year 1 . Exercise 13-10A (Algo) Part c c. Show the above transoctions in a horizontal statements modeli, (Enter any decreases to account balances and cash outtlows with a minus rign, In the 5 tatement of Cash Flows column, use the initials OA to designate operating activity, iA for investing activity. FA for financing activity and NC for net change in cash. Not all cells require input.)

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