80.2K

Verified Solution

Link Copied!

1 The following accounts and balances were drawn from the records of Barker Company at December 31, 2018: Supplies Cash flow from investing act. Prepaid insurance Service revenue Other operating expenses Supplies expense Insurance expense Beginning common stock Cash flow fron operating act. Common stock issued Beginning retained earnings $19,000 (5,200) 2,700 5,000 10,900 19,000 5,300 7,000 39,000 22,240 740 100 points (7,000) Cash flow from financing act. 2,500 76,000 Dividends 44,000 300 Rent expense Skipped Cash Accounts receivable 900 Prepaid rent 900 7,300 Land 5,200 Accounts payable Unearned revenue eBook 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). Print References Complete this question by entering your answers in the tabs below. Balance Sheet Income Statement Stmt of Cash Flows SE Use the accounts and balances from Barker Company to construct an income statement. BARKER COMPANY Income Statement For the Year Ended December 31, 2018 Revenue Total revenue Expenses Total expenses 0 Income Statoment SE> Skipped Stmt of Cash Flows Balance Income Statement SE Sheet Use the accounts and balances from Barker Company to construct balance sheet. eBook BARKER COMPANY Balance Sheet Print As of December 31, 2018 Assets References Total assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity 0 Total labilities and stockholders' equity

Answer & Explanation Solved by verified expert

See Answer