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Required Information [The following information applies to the questions displayed below.] Sye Chase started and operated a small famlly archltectural firm in Year 1. The

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Required Information [The following information applies to the questions displayed below.] Sye Chase started and operated a small famlly archltectural firm in Year 1. The firm was affected by two events: (1) Chase provided $22,800 of services on account, and (2) he purchased $3,300 of supplies on account. There were $1,050 of supples on hand as of December 31 , Year 1. c. Show the above transactions in a horlzontal statements model. (Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use the Inltials OA to designate operating actlvlty, IA for Investing actlvity, FA for financing actlvity and NC for net change In cash. Not all cells require input.)

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