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$ 19,000 3,300 $ 23,000 5,600 2,100 Notes payable Prepaid insurance Interest expense Accumulated depreciation-Buildings Accounts receivable Utilities expense 660 Accounts payable Wages payable Interest

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$ 19,000 3,300 $ 23,000 5,600 2,100 Notes payable Prepaid insurance Interest expense Accumulated depreciation-Buildings Accounts receivable Utilities expense 660 Accounts payable Wages payable Interest payable Unearned revenue 5,500 1,200 26,000 8,300 2,600 16,400 56,400 60,000 420 1,200 Supplies expense Buildings Cash 360 120,000 7,000 6,000 1,200 Wages expense Insurance expense Dividends Depreciation expense-Buildings Supplies Common stock Retained earnings Services revenue Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $56,400 on December 31 of the prior year. Statement of Income Retained Balance Sheet Statement Earnings Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses > Income Statement Statement of Retained Earnings STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec. 31 prior year end Retained earnings, Dec. 31 current year end %24 STARK COMPANY Balance Sheet December 31 Assets 2$ Total assets Liabilities Total liabilities Equity Total equity Total liabilities and equity

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