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Problem 2-36A (Algo) Identifying and arranging elements on financial statements LO 2-8 The following accounts and balances were drawn from the records of Barker
Problem 2-36A (Algo) Identifying and arranging elements on financial statements LO 2-8 The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies 690 Beginning retained earnings (7,800) Cash flow from financing act.. 2,500 Rent expense $ Cash flow from investing act. Prepaid insurance Service revenue 77,000 Dividends other operating expenses 40,000 Cash Supplies expense 270 Accounts receivable Insurance expense 1,100 Prepaid rent Beginning common stock 800 Unearned revenue Cash flow from operating act. 7,700 Land Common stock issued 5,800 Accounts payable $ 18,000 (5,000) 2,200 5,100 11,400 18,000 5,100 7,800 39,000 15,960 Required Use the accounts and balances from Barker Company to construct an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows (show only totals for each activity on the statement of cash flows). Complete this question by entering your answers in the tabs below.
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