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The following events pertain to Super Cleaning Company: Acquired $16,500 cash from the issue of common stock. Provided $14,500 of services on account. Provided services
The following events pertain to Super Cleaning Company: Acquired $16,500 cash from the issue of common stock. Provided $14,500 of services on account. Provided services for $5,500 cash. Received $3,900 cash in advance for services to be performed in the future. Collected $10,500 cash from the account receivable created in Event 2. Paid $6,500 for cash expenses. Performed $1,950 of the services agreed to in Event 4. Incurred $3,000 of expenses on account. Paid $1,850 cash in advance for one-year contract to rent office space. Paid $2,650 cash on the account payable created in Event 8. Paid a $3,000 cash dividend to the stockholders. Recognized rent expense for nine months' use of office space acquired in event 9. Show the effects of the events on the financial statements using the following horizontal statements model. 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
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