Question
The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies $ 820 Beginning retained earnings $
The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2:
Supplies $ 820 Beginning retained earnings $ 18,000 Cash flow from investing act. (6,800 ) Cash flow from financing act. (5,300 ) Prepaid insurance 2,600 Rent expense 2,400 Service revenue 81,000 Dividends 5,200 Other operating expenses 43,000 Cash 10,500 Supplies expense 220 Accounts receivable 18,000 Insurance expense 1,000 Prepaid rent 5,300 Beginning common stock 1,000 Unearned revenue 6,800 Cash flow from operating act. 7,800 Land 39,000 Common stock issued 5,500 Accounts payable 15,740
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).
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