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Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable $ 19,000 Accumulated depreciationBuildings $ 23,000
Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company.
Notes payable | $ | 19,000 | Accumulated depreciationBuildings | $ | 23,000 | ||
Prepaid insurance | 3,300 | Accounts receivable | 5,600 | ||||
Interest expense | 660 | Utilities expense | 2,100 | ||||
Accounts payable | 5,500 | Interest payable | 420 | ||||
Wages payable | 1,200 | Unearned revenue | 1,200 | ||||
Cash | 26,000 | Supplies expense | 360 | ||||
Wages expense | 8,300 | Buildings | 120,000 | ||||
Insurance expense | 2,600 | Dividends | 7,000 | ||||
Common stock | 16,400 | Depreciation expenseBuildings | 6,000 | ||||
Retained earnings | 56,400 | Supplies | 1,200 | ||||
Services revenue | 60,000 | ||||||
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 $56,400 on December 31 of the prior year.
OPtions for the left column
OPtions for the column 1st and 3rd row (left side)
Options for the column
Same options for Liabilities and Equity for the left column
Statement Dalance See Earnings Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses boldlice Steel Statement Relallieu Earnings Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Accounts payable Accounts receivable Accumulated depreciation-Buildings Buildings Total expenses Income Statement Statement of Retained Earnings Balance Sheet Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balance was $56,400 on December 31 of the prior year. STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec. 31 prior year end Retained earnings, Dec. 31 current year end Income Statement Statement of Retained Earnings Balance Sheet Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balance was $56,400 on December 31 of the prior year. STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec. 31 prior year end Add: Net income Add: Net loss come Statement Balance Sheet > Less: Net income Less: Net loss Income Statement Statement of Retained Earnings Balance Sheet Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets Total assets Liabilities Income Statement Statement of Retained Earnings Balance Sheet Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets Accounts payable Accounts receivable Cash Common stock Total assets Liabilities Total liabilities Equity Total equity Total liabilities and equity Liabilities Accounts payable Accounts receivable Accumulated depreciation-Buildings Buildings Total equity Total liabilities and equity $
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