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$ 31,000 Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable Accumulated depreciation-Buildings $ 35,000 Prepaid insurance 4,500
$ 31,000 Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable Accumulated depreciation-Buildings $ 35,000 Prepaid insurance 4,500 Accounts receivable 8,000 Interest expense 900 Utilities expense 3,300 Cash Accounts payable Wages payable Wages expense Insurance expense Stark, Capital Services revenue 11,500 Interest payable 2,400 Unearned revenue 50,000 Supplies expense 900 1,800 600 9,500 Buildings 240,000 3,800 Stark, Withdrawals 13,000 144,800 Depreciation expense-Buildings 12,000 120,000 Supplies 1,800 Prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31, and (3) balance sheet at December 31. The Stark, Capital account balance was $144,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Owners Equity Balance Sheet Prepare the statement of owner's equity for the year ended December 31. The Stark, Capital account balance was $144,800 on December 31 of the prior year. December 31. The Stark, Capital account balance was $144,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Balance Sheet Owners Equity Prepare the statement of owner's equity for the year ended December 31. The Stark, Capital account balance was $144,800 on December 31 of the prior year. STARK COMPANY Statement of Owner's Equity For Year Ended December 31 Stark, Capital, Dec. 31 prior year end 0 Stark, Capital, Dec. 31 current year end $ 0
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