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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 payable

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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 payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 27,000 4,100 820 9,500 2,000 42,000 9,100 3,400 22,800 98,000 100,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 31,000 7,200 2,900 740 1,600 520 200,000 11,000 10,000 1,600 Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance December 31. The Retained Earnings account balance was $98,000 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Statement of Income Statement Retained Balance Sheet Earnings Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets Cash Accounts receivable Supplies Prepaid insurance TBuildings $ 42,000 7,200 1,600 4.100 200.000 STARK COMPANY Balance Sheet December 31 Assets $ Cash Accounts receivable 42,000 7,200 1,600 4,100 7200,000 (31,000) 169,000 $ 223,900 Supplies Prepaid insurance Buildings Accumulated depreciation Buildings Total assets Liabilities Accounts payable Wages payable Interest payable Unearned revenue Notes payable 9,500 2,000 740 1,600 27,000 Total liabilities 40,840 Equity 0 Total equity Total liabilities and equity $ 40,840

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