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3) (5 points) Compute the amounts of total assets, total liabilities, and stockholders' equity on January 31,2023 (show your work. Assets = Liabilities = Stockholders'

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3) (5 points) Compute the amounts of total assets, total liabilities, and stockholders' equity on January 31,2023 (show your work. Assets = Liabilities = Stockholders' Equity = 4) (4 points) Compute Return on Assets for John's Tax Service, Inc. for January and briefly explain what it means (show your work). 5) (3 points) Compute the net profit margin ratio for John's Tax Service, Inc. for January and briefly explain what it means (show your work). 1) Enter the following transactions for January, 2023 in the T-accounts. Create any new accounts that are needed. ( 3 points each) a. Recorded $100,000 of service revenue in January; $80,000 was received in cash and the balance was owed on account. b. Paid January wages of $26,000 and January rent of $20,000. c. Recorded the estimated bad debt expense for January of $3,000. d. Recorded monthly depreciation of $2,000 on the computers. e. Declared and paid $10,000 in dividends to stockholders. 2) (3 points) Compute the net income for January (show your work)

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