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need help. thank you. 1 Cornhusker Company provides the following information at the end of 2021. 3 points Book Cash remaining Rent expense for the
need help. thank you.
1 Cornhusker Company provides the following information at the end of 2021. 3 points Book Cash remaining Rent expense for the year Land that has been purchased Retained earnings Utility expense for the year Accounts receivable from customers Service revenue recognized during the year Salary expense for the year Accounts payable to suppliers Dividends paid to shareholders during the year Common stock that has been issued prior to 2021 Salaries owed at the end of the year Insurance expense for the year Retained earnings at the beginning of the year $ 2,800 5,000 19,000 10,400 2,90 5,200 27,000 11,300 1,200 1,200 14,000 1,400 1,500 5,300 Print References No common stock is issued during 2021. Required: 1. Prepare the income statement for Cornhusker Company on December 31, 2021. 2. Prepare the statement of stockholders' equity fol Cornhusker Company on December 31, 2021. 3. Prepare the balance sheet for Cornhusker Company on December 31, 2021. tarneware in the the halaw 1 Required 1 Required 2 Required 3 Prepare the income statement for Cornhusker Company on December 31, 2021. 3 points CORNHUSKER COMPANY Income Statement For the year ended December 31, 2021 eBook Print 28,500 References $ Service Revenue Expenses , Rent Expense Salaries Expense Utilities Expense Insurance Expenso 5,000 11,300 2,900 1,500 20,700 Total Expenses Net Income $ 6,600 Required 2 > You received partial 1 Required 1 Required 2 Required 3 Prepare the statement of stockholders' equity for Cornhusker Company on December 31, 2021. 3 points eBook Print References CORNHUSKER COMPANY Statement of Stockholders' Equity For the year ended December 31, 2021 Total Retained Common Stock Stockholders Earnings Equity Beginning Balance $ 14,000 $ 5,600 $ 19,600 Issuance of Common Stock Add: Net Income 6,600 6,600 (Less: Dividends 1,500 1,500 Ending Balance $ 14,000 $ 24,700 View Required 1 Required 2 Required 3 ok Prepare the balance sheet for Cornhusker Company on December 31, 2021. CORNHUSKER COMPANY Balance Sheet December 31, 2021 Assets Liabilities Cash $ 3,100 Accounts Payable Accounts Receivable 5,500 Salaries Payable Land 19,000 $ 1,350 1,550 ences 2.900 Total Liabilities Stockholders' Equity Common Stock Retained Earnings 14,000 10.700 Total Stockholders' Equity Total Liabilities and Stockholders' Equity 24,700 27,600 5 $ 27,600 Total Assets Me Graw HIN S NA Step by Step Solution
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