Question: Hello! I need help please and thank you. The question is attached for Reg c & d. Yard Professionals Inc. experienced the following events in

Hello! I need help please and thank you. The question is attached for Reg c & d.

Hello! I need help please and thank you. TheHello! I need help please and thank you. The
Yard Professionals Inc. experienced the following events in Year 1, its first year of operation: 1. Performed services for $15,000 cash. 2. Purchased $6,000 of supplies on account. 3. A physical count on December 31, Year 1, 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 Year 1 accounting period. c. What is the balance in the Supplies account as of January 1, Year 2? d. What is the balance in the Supplies Expense account as of January 1, Year 2? Complete this question by entering your answers in the tabs below. Req Bi Inc Req B2 Bal Req B3 CF Reg A Stmt Sheet Stmt Req C and D Record the events under an accounting equation. (Not all cells require input. Enter any decreases to account balances with a minus sign.) YARD PROFESSIONALS INC. Effect of Events on the Accounting Equation Stockholders Assets Liabilities Equity Event Accounts RetainedComplete this question by entering your answers in the tabs below. Reg A Req B1 Inc Req B2 Bal Req B3 CF Stmt Sheet Stmt Req C and D What is the balance in the Supplies account as of January 1, Year 2? What is the balance in the Supplies Expense account as of January 1, Year 2? Supplies d. Supplies expense W X 994 search np

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