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Journal entry worksheet on January 1, 2019, the company purchased equipment that cost $10,000 The equipment is expected to be worth about (or has a

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Journal entry worksheet on January 1, 2019, the company purchased equipment that cost $10,000 The equipment is expected to be worth about (or has a salvage value of) $1,000 at the end of its useful life in five years. The company uses straight- line depreciation. It has not recorded any adjustments relating to this equipment during 2019. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31 Record entry Clear entry View generalfoumal Following are the accounts and balances from the adjusted trial balance of Stark Company $18.ee 10 1.669 points Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Stark, Capital Services revenue $ 14,000 2,800 560 3.000 700 16,000 7.800 2,100 42,500 35,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Stark, withdrawals Depreciation expense-Buildings Supplies eBook 950 260 70,000 4. See 3.560 Hint References Prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31, and (3) balance sheet at December 31. The Stark, Capital account balance was $42.800 on December 31 of the prior year Complete this question by entering your answers in the tabs below

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