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mdegracia73
mdegracia73
30.05.2020 • 
Mathematics

The following accounts and balances were drawn from the records of Barker Company at December 31, 2018:

Supplies $ 650 Beginning retained earnings $ 19,000
Cash flow from investing act. (6,500 ) Cash flow from financing act. (6,000 )
Prepaid insurance 2,300 Rent expense 2,500
Service revenue 79,000 Dividends 5,200
Other operating expenses 43,000 Cash 11,600
Supplies expense 250 Accounts receivable 19,000
Insurance expense 1,200 Prepaid rent 5,000
Beginning common stock 1,100 Unearned revenue 6,500
Cash flow from operating act. 7,800 Land 39,000
Common stock issued 5,700 Accounts payable 18,400

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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