Transcribed image text: Yard Professionals Inc. experienced the following events in 2018, its first year of operation: 1. Performed counseling services for $15,000 cash. 2. Purchased $6,000 of supplies on account. 3. A physical count on December 31, 2018, found that there was $1,250 of supplies on hand. Required Based on this information alone: a. Record the events under an accounting equation b. Prepare an income statement, balance sheet, and statement of cash flows for the 2018 accounting period. c. What is the balance in the Supplies account as of January 1, 2019? d. What is the balance in the Supplies Expense account as of January 1, 2019? Complete this question by entering your answers in the tabs below. Req A Req B1 Inc Stmt Reg B2 Bal Sheet Req B3 CF Stmt Reqs C and D Record the events under an accounting equation. (Enter any decreases to account balances with a minus sign.) YARD PROFESSIONALS INC. Effect of Events on the Accounting Equation Assets = Liabilities Event Stockholders Equity Retained Earnings Cash Supplies - Accounts Payable Performed counseling 1. services 2. Purchased supplies 3. Used supplies Totals 0 = REGA Req B1 Inc Stmt>