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I need help finishing off a last step. I thought I had everything already, but the assignment tells me I am missing something and would
I need help finishing off a last step. I thought I had everything already, but the assignment tells me I am missing something and would not let me turn in my work. Can someone review?
Longhorn Corporation provides low-cost food delivery services to senlor citizens. At the end of the year on December 31,2024, the company reports the following amounts: In addition, the company had common stock of $40,000 at the beginning of the year and Issued an additional $4,000 during the year. The company also had retained earnings of $18,200 at the beginning of the year. Required: 1. Prepare the Income statement for Longhorn Corporation. 2. Prepare the statement of stockholders' equlty for Longhorn Corporation. 3. Prepare the balance sheet for Longhorn Corporation. Complete this question by entering your answers in the tabs below. Prepare the income statement for Longhorn CorporationStep by Step Solution
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