Saved ework Assignment 0 Problem 2-32 Recording events in a horizontal statements model L The following events pertain to Super Cleaning Company: 1. Acquired $16,500 cash from the issue of common stock. 2. Provided $14,500 of services on account. 3. Provided services for $5,500 cash. 4. Received $3,900 cash in advance for services to be performed in the future. 5. Collected $10.500 cash from the account receivable created in Event 2. 6. Paid $6,500 for cash expenses. 7. Performed $1,950 of the services agreed to in Event 4. 8. Incurred $3,000 of expenses on account. 9. Paid $1,850 cash in advance for one-year contract to rent office space. 0. Paid $2,650 cash on the account payable created in Event 8. 11. Paid a $3,000 cash dividend to the stockholders. 2. 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 In the Cash Flows column, use the letters OA to designate operating activity, IA for investir activity, and NC for net change in cash. If an account is not affected by the event, leave the recorded as an example. (Do not round intermediate calculations. Enter any decreases t cash outflows with a minus sign. Not every cell will require entry.) SUPER CLEANING C Effect of Events on the Finan Liabilities + Stockh Accounts Unearned Common Event Assets Accounts Prepaid TERNATIVE Help Save & Exit Submit Check my work cash. If an account is not affected by the event, leave the cell blank. The first event is recorded as an example. (Do not ermediate calculations. Enter any decreases to account balances and cash outflows with a minus sign. Not every cell will try.) SUPER CLEANING COMPANY Effect of Events on the Financial Statements Liabilities Stockholders' Equity Accounts Unearned Common Retained Payable Revenue Stock Earnings 16,500 + Assets Accounts Receivable Statement of Cas Cash Prepaid Rent Revenue - Expenses - Net Income 16,500 + 16,500 + ALTERNATIVE