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The following events pertain to Super Cleaning Company 1. Acquired $15,500 cash from the issue of common stock. 2. Provided $13.500 of services on account

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The following events pertain to Super Cleaning Company 1. Acquired $15,500 cash from the issue of common stock. 2. Provided $13.500 of services on account 3. Provided services for $4,500 cash. 4. Received $2,900 cash in advance for services to be performed in the future. 5. Collected $9.500 cash from the account receivable created in Event 2 6. Paid $5,500 for cash expenses. 7. Performed $1450 of the services agreed to in Event 4. 8. Incurred $2,000 of expenses on account. 9. Paid $1,350 cash in advance for one year contract to rent office space 0. Paid $1.650 cash on the account payable created in Event 8. 11. Pald a $2.000 cash dividend to the stockholders 2. Recognized rent expense for nine months' use of office space acquired in Event Required Show the effects of the events on the financial statements using a horizontal statements model like the following one. In the Cash Flows column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net change in cash. If an account is not affected by the event leave the cell blank. The first event is recorded as an example. (Do not round Intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Not every cell will require entry) SUPER CLEANING COMPANY Effect of Events on the Financial Statements Stockholders' Equity C on Retained Stock Earnings 15,500 . Ex- - 15. SOK quired yw the effects of the events on the financial statements using a horizontal statements model like the following one. In the Cash ws column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity, and NC for net inge in cash. If an account is not affected by the event, leave the cell blank. The first event is recorded as an example. (Do not ind intermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Not every cell will uire entry) SUPER CLEANING COMPANY Effect of Events on the Financial Statements Stockholders' Equity Unearned Common Retained Stock Earnings 15,500 Statement of Cash Revenue - Expenses Expenses Net Income - 15,500 FA TE - + . - 0. 0 15.500

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