The following accounts and balances were drawn from the records of Barker Company at December 31, Year 2: Supplies
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
$ 1,000
(5,200)
1,200
65,200
41,000
1,100
2,100
40,000
15,600
5,000
Beginning retained earnings
Cash flow from financing act.
Rent expense
Dividends
Cash
Accounts receivable
Prepaid rent
Unearned revenue
Land
Accounts payable
$ 9,300
(5,000)
2,500
3,000
48,000
14,200
4,800
6,400
24,000
17,000
Required
Use the accounts and balances from Barker Company to construct an income statement.

The following accounts are denominated in pesos as of december 31, 2015. for reporting purposes, these amounts need to be stated in u. s. dollars. for each balance, indicate the exchange rate that would be used if a translation is made under the current rate method. then, again for each account, provide the exchange rate that would be necessary if a remeasurement is being made using the temporal method. the company was started in 2000. the buildings were acquired in 2002 and the patents in 2003. (round your answers to 2 decimal places.) exchange rates for 1 peso are as follows: 2000 1 peso = $ 0.28 2002 1 = 0.26 2003 1 = 0.25 january 1, 2015 1 = 0.24 april 1, 2015 1 = 0.23 july 1, 2015 1 = 0.22 october 1, 2015 1 = 0.20 december 31, 2015 1 = 0.16 average for 2015 1 = 0.19

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

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