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Below are the completed financial statement columns of the work sheet for Wildhorse Co.. Wildhorse Co. Work Sheet For the Year Ended December 31, 2017

Below are the completed financial statement columns of the work sheet for Wildhorse Co..

Wildhorse Co. Work Sheet For the Year Ended December 31, 2017
Statement of Comprehensive Income Statement of Financial Position
Account No. Account Titles Dr. Cr. Dr. Cr.
101 Cash 16,920
112 Accounts receivable 39,480
130 Prepaid insurance 1,692
140 Fair Value - OCI Investments 23,970
157 Equipment 92,120
167 Accumulated depreciationequipment 26,884
201 Accounts payable 29,704
212 Salaries and wages payable 6,768
301 Common shares 75,200
306 Retained earnings 56,400
400 Service revenue 133,480
622 Repairs and maintenance expense 12,408
711 Depreciation expense 26,684
722 Insurance expense 18,060
726 Salaries and wages expense 100,204
732 Utilities expense 3,290
801 Unrealized gain or loss-OCI 6,392
Totals 160,646 139,872 174,182 194,956
Net loss and OCI 20,774 20,774
160,646 160,646 194,956 194,956

During 2017, Wildhorses shareholders invested $22,560 in exchange for common shares. Accumulated other comprehensive income had a balance of $0 on January 1, 2017.

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Prepare a statement of statement of changes in equity. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Wildhorse Co. Statement of Changes in Equity

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