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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 Accounts
Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable. Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 28,000 Accumulated depreciation-Buildings Accounts receivable 4,200 840 10,000 Utilities expense Interest payable 2,100 Unearned revenue 44,000 9,200 3,500 23,600 103,200 105,000 Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 32,000 7,400 3,000 780 1,650 540 210,000 11,500 10,500 1,650 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 $103,200 on December 31 of the prior year. Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable. Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 28,000 Accumulated depreciation-Buildings Accounts receivable 4,200 840 10,000 Utilities expense Interest payable 2,100 Unearned revenue 44,000 9,200 3,500 23,600 103,200 105,000 Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 32,000 7,400 3,000 780 1,650 540 210,000 11,500 10,500 1,650 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 $103,200 on December 31 of the prior year.
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