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The following accounts and balances were drawn from the records of Barker Company at December 31, 2018: Supplies 780 $19,000 Cash flow from investing act.
The following accounts and balances were drawn from the records of Barker Company at December 31, 2018: Supplies 780 $19,000 Cash flow from investing act. Prepaid insurance Service revenue Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow from operating act. Common stock issued (7,600) 2,600 77,000 43,000 300 1, 100 1, 200 7, 200 5, 200 Beginning retained earnings Cash flow from financing act. Rent expense Dividends Cash Accounts receivable Prepaid rent Unearned revenue Land (5, 900) 2, 400 5, 500 10, 800 19,000 5, 000 7,600 38,000 18, 480 Accounts payable 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). Income Statement SE Balance Sheet Stmt of Cash Flows Use the accounts and balances from Barker Company to construct statement of changes in stockholders' equity. BARKER COMPANY Statement of Changes in Stockholders' Equity For the Year Ended December 31, 2018 Beginning common stock $ 1,200 Plus: Stock issued 5,200 Ending common stock $ Beginning retained earnings 6,400 0 Ending retained earnings Total stockholders' equity $ 6,400 Income Statement SE Balance Sheet Stmt of Cash Flows Use the accounts and balances from Barker Company to construct balance sheet. BARKER COMPANY Balance Sheet As of December 31, 2018 Assets $ Total assets Liabilities 0 Total liabilities Stockholders' Equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ BARKER COMPANY Statement of Cash Flows For the Year Ended December 31, 2018 Cash flow from operating activities Cash flow from investing activities Cash flow from financing activities Net change in cash (6,300) Ending cash balance $ 10,800
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