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Supplies Cash flow from investing act. Prepaid insurance Service revenue $ 1,000 (5,200) 1,200 65,200 Rent expense Other operating expenses 41,000 Cash Beginning retained
Supplies Cash flow from investing act. Prepaid insurance Service revenue $ 1,000 (5,200) 1,200 65,200 Rent expense Other operating expenses 41,000 Cash Beginning retained earnings Cash flow from financing act. Dividends $ 9,300 (5,000) 2,500 3,000 48,000 Supplies expense 1,100 Accounts receivable Insurance expense 2,100 Prepaid rent Beginning common stock 40,000 Unearned revenue Cash flow from operating act. 15,600 Land Common stock issued 5,000 Accounts payable 14,200 4,800 6,400 24,000 17,000 Required Use the accounts and balances from Barker Company to construct an income statement. BARKER COMPANY Revenue Income Statement For the Year Ended December 31, Year 2 Total revenue Expenses Total expenses
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