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The following events pertain to Super Cleaning Company 6 0:38:52 1 Acquired $15,800 cash from the issue of common stock 2. Provided $13,800 of services

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The following events pertain to Super Cleaning Company 6 0:38:52 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 4. 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 6. Paid $5,800 for cash expenses 7. Performed $1.600 of the services agreed to in Event 4 8. Incurred $2,300 of expenses on account 9. Paid $1.500 cash in advance for one year contract to rent office space 10. Paid $1.950 cash on the account payable created in Event 8 11. Paid a $2,300 cash dividend to the stockholders 12. Recognized rent expense for nine months use of office space acquired in Event 9. Required 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 net change in cash. 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 all cells require input.) SUPER CLEANING COMPANY Effect of Events on the Financial Statements Balance Sheet Liabilities + Stockholders' Equity Accounts Unearned Common Retained Payable Revenue Stock Earnings 15 800 Income Statement Expenses Event Revenue N No. Assets Accounts Receivable Cash Prepaid Rent 1 15,800 + 2 + + 3 4 + T1

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