Required For each of the following independent events, identify the account that would be debited and the ac- count that would be credited. The accounts for the first event are identified as an example. Account Credited Event Account Deblted Uneaned Revenue Cash Received cash for services to be performed in the future. a. b. Purchased supplies on account. c. Paid cash in advance for one year's rent. d. Received cash by issuing common stock e. Provided services on account f. Paid accounts payable. . Paid salaries payable. h. Recognized revenue for services completed; previously collected the cash in Event a. I. Paid cash for operating expenses. . Paid salaries expense. k. Received cash in payment of accounts receivable. 1. Recognized expense for prepaid rent that had been used up by the end of the accounting period. m. Paid cash dividends to the stockholders Account Credited Account Debited Event Number Unearned Revenue Cash . b. G. d. . f. h. i. j. k. Required Identify whether each of the following transactions is an asset source (AS), asset use (AU), asset ex change (AE), or claims exchange (CE). Also explain how each event affects the accounting equation by placing a (+) for increase, (-) for decrease, and NA for not affected under each of the components of the accounting equation. Finally, indicate whether the effect requires a debit or credit entry. The first event is recorded as an example. Stockholders Equity Retained Earnings Type of Event Common Stock Llabilities + Assets Event +Credit NA +Debit NA AS Provided services for cash. a. b. Received cash in payment of accounts receivable. c. Recognized revenue for services completed; cash collected previously. d. Purchased land by paying cash. e. Purchased supplies on account. f. Paid salaries payable. . Recognized expense for prepaid rent that had been used up by the end of the accounting period h. Incurred other operating expenses on account. i. Recognized expense for supplies used during the period. J Received cash for services to be performed in the future. k. Paid a cash dividend to the stockholders. I. Paid cash in advance for one year's rent. m. Provided services on account. Stockholders' Equity Retained Common Type of Event Event Earnings Stock Liabilities Assets No. Credit NA. NA +Debit AS a. b. C. d. . f. h. i. j. k. I. m