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Notes payable Prepaid insurance Interest expense Accounts payable Wages payable $ 19,000 Accumulated depreciation Buildings 3,300 Accounts receivable 660 Utilities expense 5.500 Interest payable 1,200

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Notes payable Prepaid insurance Interest expense Accounts payable Wages payable $ 19,000 Accumulated depreciation Buildings 3,300 Accounts receivable 660 Utilities expense 5.500 Interest payable 1,200 Unearned revenue 26.000 Supplie expense 8.300 Buildings 2,600 Dividends 16.400 Depreciation expense Buildings 56,400 Supplies 60,000 $ 23,000 5,600 2,100 420 1.200 360 120,000 7,000 6.000 1,200 Wages expense Insurance expense Common stock Retained earnings Services revenue Prepare the (1) income statement and (2) statement of retained earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was $56,400 on December 31 of the prior year

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