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do all the parts 24 Prepare the Income Statement, Statement of Retained Earnings, and Balance Sheet for Atlas, Inc. for the fiscal year 2020 using
do all the parts
24 Prepare the Income Statement, Statement of Retained Earnings, and Balance Sheet for Atlas, Inc. for the fiscal year 2020 using the following financial data Atlas, Inc. has the following assets, liabilities, revenues and expenses for the current year. The accounts are listed below in alphabetical order. The company has a December 31, 2020 year end. tot $28,000 37.000 45,000 80.000 Accounts receivable Accounts payable Building Cash Commission expense Common stock Interest payable Land Office equipment Office supplies Service revenue Supplies expense Utilities expense Wage expense $59,500 5,000 130,000 8,000 8,000 11,500 20,500 22,000 1,500 40,000 Beginning retained earnings was $120,000 and dividends were $5,000 for the year Step by Step Solution
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