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Missing Amounts from Financial Statements The financial statements at the end of Paradise Realty's first month of operations are shown below. PARADISE REALTY Income Statement
Missing Amounts from Financial Statements The financial statements at the end of Paradise Realty's first month of operations are shown below. PARADISE REALTY Income Statement For the Month Ended November 30, 20Y3 Fees earned $326,000 Operating expenses: Wages expense $ (a) Rent expense 61,940 Supplies expense 52,649 Utilities expense 43,358 Miscellaneous expense 15,485 Total operating expenses (245,152) Net income $ (b) PARADISE REALTY Statement of Stockholders' Equity For the Month Ended November 30, 20Y3 Common Stock Retained Earnings Total Balances, Nov. 1, 20Y3 $0 $0 $0 Issuance of common stock 254,000
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