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Create the income statement Create the statement of stockholders' equity Create an end of period balance sheet Cash Equipment Accounts payable Delivery expense Salaries expense
Create the income statement Create the statement of stockholders' equity
Create an end of period balance sheet
Cash Equipment Accounts payable Delivery expense Salaries expense $ 1,200 Service revenue 29,000 Food Expense 4,400 Buildings 2,600 Supplies 5,500 Salaries payable $67,700 53,400 40,000 3,400 800 In addition, the company had common stock of $40,000 at the beginning of the year and issued an additional $4,000 during the year. The company also had retained earnings of $18,200 at the beginning of the yearStep by Step Solution
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