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Show the effect of the above transactions on the financial statements by recording the appropriate amounts in a horizontal statements model like the one shown
Show the effect of the above transactions on the financial statements by recording the appropriate amounts in a horizontal statements model like the one shown here. When you record amounts in the Cash Flow column, indicate whether the item is an operating activity (OA), investing activity (IA), or financing activity (FA). The letters NA indicate that an element is not affected by the event. (Negative amounts and amounts to be deducted should be indicated with a minus sign except expenses
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