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a. In parallel columns, list the accounts that would be debited and credited for each of the following unrelated transactions: (1) Acquired cash from the issue of common stock. (2) Provided secvices for cash. (3) Paid cash for salaries expense. (4) Purchased supplies for cash. (5) Paid in advance for two-year lease on office space. (6) Provided services on account. (7) Recognized expense for prepaid rent that had been used up by the end of the accounting period. (8) Recorded accrued salaries at the end of the accounting period. b. Use a horizontal statements model to show how each event affects the balance sheet, Income statement, and statement of cash flows. Indicate whether the event increases (t) or decreases ( . Also, in the Statement of Cash Flows column, use the letters OA to designate operating activity, IA for investing activity, and FA for financing activity. The first event is shown as an example. (Columns for events that have no effect on any of the elements should be left blank.) Complete this question by entering your answers in the tabs below. Use a horizontal statements model to show how each ovent affects the balance sheet, income statement, and statement of cash flows. Indical event increases (+) or deereases (). Also, in the Statement of Cosh Flows column, une the letter OA to designate operating activity, IA for II and FA for financing activity. The first event is ahown as an example. (Columns for events that have no effect on any of the elements should b Note: Not. all celis will require an input. Use a horizontal statements model to show how each event affects the balance sheet, Income statement, and statement of cash flows. Indicate event increases (+) or decreases (). Also, in the Statement of Cash Flows column, use the letters OA to designate operating activity, IA for in and FA for financing activity. The first event is shown as an example. (Columns for events that have no effect on any of the elements should be Note: Not all cells will require an input

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