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Global Filter Corp. began operations on February 1, 2013. its adjusted account balances at January 31, 2014 are shown below, Use this information to prepare

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Global Filter Corp. began operations on February 1, 2013. its adjusted account balances at January 31, 2014 are shown below, Use this information to prepare the following a. Income statement for the year ended January 31 b Statement of changes in equity for the year ended January 31 C. Classified balance sheet at January 31 Account Balance (select one) Accounts receivable 5,960 Income Statement Accumulated depreciation, automobiles. 1.190 (select one) Accumulated depreciation. building. 1.980 Automobiles 10.170 Bonds Payable (due January, 2022) 13.760 Building 12.630 Cash 3.080 Commissions earned 11.850 Copyright 3,880 Depreciation expense, automobiles 1, 190 Depreciation expense, building 1,980 Dividends 2,690 Insurance expense 1,940 Interest earned 2,960 Interest expense 3,150 (select one) Land 13.800 Statement of Changes in Equity Long-term notes payable. 15,420 (select one) Long-term investment in shares. $.690 Share Retained Total Prepaid insurance 1.500 Capital Earnings Equity Rent earned 6,420 Salaries expense 7 650 Salaries payable 6.460 Share capital 16,660 Unearned rent 1,610

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