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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
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 $ 23,000 3,700 740 7,500 1,600 34,000 8,700 3,000 19,600 77,200 80,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expenseBuildings Supplies $ 27,000 6,400 2,500 580 1,400 440 160,000 9,000 8,000 1,400 Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet a December 31. The Retained Earnings account balance was $77,200 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Earnings Balance Sheet Prepare the income statement for the year ended December 31. Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses 0 $ 0 Income Statement Statement of Retained Earnings > Complete this question by entering your answers in the tabs below. 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 $77,200 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 0 Retained earnings, Dec. 31 current year end 0
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