Sye Chase started and operated a small family architectural firm in Year 1. The firm...
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Sye Chase started and operated a small family architectural firm in Year The firm was affected by two events: Chase provided $ of services on account, and he purchased $ of supplies on account. There were $ of supplies on hand as of December Year c Show the above transactions in a horizontal statements model. Note: Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use the initials OA to designate operating activity, IA for investing activity, FA for financing activity and NC for net change in cash. Not all cells require input.
Sye Chase started and operated a small family architectural firm in Year The firm was affected by two events: Chase
provided $ of services on account, and he purchased $ of supplies on account. There were $ of
supplies on hand as of December Year
c Show the above transactions in a horizontal statements model.
Note: Enter any decreases to account balances and cash outflows with a minus sign. In the Statement of Cash Flows column, use
the initials OA to designate operating activity, IA for investing activity, FA for financing activity and NC for net change in cash. Not
all cells require input.
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