Yard professionals inc. experienced the following events in 2018, its first year of operation: performed services for $35,000 cash. purchased $6,000 of supplies on account. a physical count on december 31, 2018, found that there was $1,800 of supplies on hand. required based on this information alone: record the events under an accounting equation. prepare an income statement, balance sheet, and statement of cash flows for the 2018 accounting period. what is the balance in the supplies account as of january 1, 2019? what is the balance in the supplies expense account as of january 1, 2019?

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.