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need help At January beginning of its fiscal year). Conover, Inc., a financial services consulting firm, reported the following account balances in thousands except for

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At January beginning of its fiscal year). Conover, Inc., a financial services consulting firm, reported the following account balances in thousands except for par and market value per shore): Cash $ 1,920 Accounts payable 220 short-tervent 420 earned revenue 1,340 Accounts receivable 3,600 salaries Payable 890 upplies 160 Short-term note payable 790 4,760 Common stock (51 par value) 51 1.550 Additional paid.in capital 6,609 Alated depreciation-office equipment (470) Retained earnings 2,040 *This account has a credit balance representing the portion of the cost of the equipment used in the past. Received $9.700 cash for consulting services rendered b Issued 12 additional shares of common stock at a market price of $121 per share. c. Purchased $660 of office equipment, paying 25 percent in cash and owing the rest on a short-term note. d. Received $900 from clients for consulting services to be performed in the next year. e Bought $490 of supplies on account. Incurred and paid $1,830 in utilities for the current year. 9. Consulted for clients in the current year for fees totaling $1.640, due from clients in the next year h Received $3,200 from clients paying on their accounts Incurred $6.230 in salaries in the current year, paying $5,330 and owing the rest (to be paid next year). Purchased S1250 in short-term investments and paid $810 for insurance coverage beginning in the next fiscal year. k Received $11 in interest revenue earned in the current year on short-term investments. Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31. (ignore income taxes.) Enter your answer in thousands, not in dollars.) CONOVER, INC. Income Statement (unadjusted) Required: Prepare in good form an unadjusted classified income statement for the current year ended December 31 (gnore income taxes) (Enter your answer in thousands, not in dollars.) CONOVER. INC Statement (unadjusted) Operating en Tocal operating revenues Operating expenses Total operating expenses Other item

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