5 step problem

Yard Professionals Inc. experienced the following events in 2018, its first year of operation: 1. Performed counseling services for $24,000 cash 2. Purchased $7,200 of supplies on account. 3. A physical count on December 31, 2018, found that there was $1,310 of supplies on hand Required Based on this information alone: a. Record the events under an accounting equation. c. What is the balance in the Supplies account as of January 1, 2019? s b. Prepare an income statement, balance sheet, and statement of cash flows for the 2018 accounting period. d. What is the balance in the Supplies Expense account as of January 1. 2019? Complete this question by entering your answers in the tabs below. Req A Req B1 Inc Stmt Req B2 Bal Req B3 CFReqs Can D Sheet Stmt Complete this question by entering your answers in the tabs below. Req B1 Inc Req B2 Bal Req B3 CF Sheet Reqs C and D Req A Stmt Stmt Record the events under an accounting equation. (Enter any decreases to account balances with a minus sign.) YARD PROFESSIONALS INC. Effect of Events on the Accounting Equation Assets Liabilities-Stockholders' Event Accounts Payable Retained Earnings ces Supplies 1. Performed counseling services 2. Purchased supplies 3. Used supplies Totals 0 01+ Req B1 Inc Stmt> Complete this question by entering your answers in the tabs below. Req B1 Inc Req B2 Bal Req B3 CF Sheet Req A Stmt Stmt Regs c Stmt| Reqs C and D Prepare an income statement for the 2018 accounting period YARD PROFESSIONALS INC Income Statement For the Year Ended December 31, 2018 Req A Req B2 Bal Sheet> Prepare a balance sheet for the 2018 accounting period. : YARD PROFESSIONALS INC. Balance Sheet As of December 31, 2018 Assets Total assets 0 Liabilities Total liabilities 0 Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 0 0 Complete this question by entering your answers in the tabs below. Req B1 Inc Req B2 BaReq B3 CF Sheet Stmt StmtReqs C and D Prepare the statement of cash. flows for the 2018 accounting period. YARD PROFESSIONALS INC. Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash Ending cash balance 0 Complete this question by entering your answers in the tabs below. Req B1 Inc Stmt Req B2 Bal Req B3 CF Stmt Req A Regs C and D Sheet What is the balance in the Supplies account as of January 1. 2019? What is the balance in the Supplies Expense account as of January 1, 2019? C. I Supplies d.Supplies exponse Req B3 CF Stmt