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3 ! Part 3 of 3 7.69 points Required information The following information applies to the questions displayed below.] Carter Company reported its balance sheet
3 ! Part 3 of 3 7.69 points Required information The following information applies to the questions displayed below.] Carter Company reported its balance sheet at May 31, 2019. Assume the following alphabetically listed accounts were included in its trial balance immediately prior to preparing the financial statements. Carter Company Adjusted Trial Balance 01:06:42 At May 31, 2019 (millions of dollars) Debit Skipped eBook Accounts Payable Accounts Receivable Cash Common Stock Depreciation Expense Credit $ 4,100 $ 6,200 Accumulated Depreciation 20,800 6,100 3,900 3,600 Dividends 290 Equipment 40,500 Goodwill 5,000 Print Hint Income Tax Expense Income Tax Payable Interest Expense Interest Receivable Interest Revenue 1,500 ,500 220 130 140 Notes Payable (long-term) 8,900 Notes Payable (short-term) 900 Office Expenses 7,660 References Prepaid Rent 1,450 Rent Expense 3,700 Repairs and Maintenance Expense 3,100 Retained Earnings 16,380 Salaries and Wages Expense 17,800 Salaries and Wages Payable 2,900 Service Revenue 51,400 Supplies 570 Transportation Expense 13,100 110,920 110,920 Required: 3-a. Prepare an income statement for the year ended May 31, 2019. 3-b. Prepare a statement of retained earnings for the year ended May 31, 2019. 3-c. Prepare a classified balance sheet at May 31, 2019. Complete this question by entering your answers in the tabs below
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