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Cornhusker Company provides the following information at the end of 2018. Cash remaining Rent expense for the year Land that has been purchased Retained earnings
Cornhusker Company provides the following information at the end of 2018. Cash remaining Rent expense for the year Land that has been purchased Retained earnings Utility expense for the year Accounts receivable from customers Service revenue earned during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued prior to 2018 Salaries owed at the end of the year Insurance expense for the year 2,900 5,100 21,000 10,500 3,000 5,300 27,500 11,400 1,250 1,300 6,000 1,450 1,600 No common stock is issued during 2018, and the balance of retained earnings at the beginning of 2018 equals $5,400. Required 1. Prepare the income statement for Cornhusker Company on December 31, 2018. CORNHUSKER COMPANY ncome Statement For the year ended Decem 31, 2018 Expenses: Total expenses
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