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The following events were completed by Dana's Imports in September 2018 1 Acquired $51,008 cash from the issue of common stock. 1 Purchased $33,5ee of

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The following events were completed by Dana's Imports in September 2018 1 Acquired $51,008 cash from the issue of common stock. 1 Purchased $33,5ee of merchandise on account with terms 2/10, n/30 5 Paid $850 cash for freight to obtain merchandise purchased on September 1. 8 Sold nerchandise that cost $11,750 to customers for $16,580 on account, with Sept. terms 2/18, n/3e. 8 Returned $500 of defective merchandise from the Septenber 1 purchase to the supplier 1e Paid cesh for the balance due on the merchandise purchased on Septenber 1. 20 Received cash from customens of Septemben 8 sale in settlenent of the account balances, but not within the discount penioo. 30 Paid 53,100 cesh for selling expenses. Required a. Record each event in e stetements model like the following one. in the Cosh Flow colamn,use OA to designate operating activity, IA for investment octivity, FA tortinancing octvity NC for net change in cash and NA to Indicore re element is not affected b event The first event is recorded os on exomple b. Prepere on income stotern ent formem enth ending Septemoer 3 c. Prepare a statement of cash fowl for the month engihs Septemba

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