Following are the accounts and balances (in random order) from the adjusted trial balance of Stark...
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Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense $20,000 3,400 Accounts payable 680 6,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense $ 24,000 5,800 2,200 Interest payable 460 Wages payable 1,300 Unearned revenue 1,250 Cash 28,000 Supplies expense 380 Wages expense 8,400 Buildings 130,000 Insurance expense 2,700 Dividends 7,500 Common stock 17,200 Depreciation expense-Buildings 6,500 Retained earnings Services revenue 61,600 65,000 Supplies 1,250 Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $61,600 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense $20,000 3,400 Accounts payable 680 6,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense $ 24,000 5,800 2,200 Interest payable 460 Wages payable 1,300 Unearned revenue 1,250 Cash 28,000 Supplies expense 380 Wages expense 8,400 Buildings 130,000 Insurance expense 2,700 Dividends 7,500 Common stock 17,200 Depreciation expense-Buildings 6,500 Retained earnings Services revenue 61,600 65,000 Supplies 1,250 Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $61,600 on December 31 of the prior year. Complete this question by entering your answers in the tabs below.
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