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Exercise 3-10 Preparing Financial Statements from a Trial Balance LO P6 Following are the accounts and balances from the adjusted trial balance of Stark Company.

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Exercise 3-10 Preparing Financial Statements from a Trial Balance LO P6 Following are the accounts and balances from the adjusted trial balance of Stark Company. $ 17,000 Accumulated depreciation-Buildings $ 21,000 3,100 Accounts receivable 5,200 Utilities expense 1,900 Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash 620 4,500 Interest payable 340 1,000 Unearned revenue 1,100 22,000 Supplies expense 320 Wages expense 8,100 Buildings 100,000 2,400 Stark, Withdrawals 6,000 Insurance expense Stark, Capital Services revenue 5,000 60,800 Depreciation expense-Buildings 50,000 Supplies 1,100 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 $60,800 on December 31 of the prior year. Drov 2 of 2 Next Income Statement of Balance Sheet Statement Owners Equity Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses Statement of Owners Equity > Income Statement Income Statement of Balance Sheet Statement Owners Equity Prepare the statement of owner's equity for the year ended December 31. The Stark, Capital account balance was $60,800 on December 31 of the prior year. Show less A STARK COMPANY Statement of Owner's Equity For Year Ended December 31 Stark, Capital, Dec. 31 prior year end Stark, Capital, Dec. 31 current year end Balance Sheet >

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