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On February 1, 2014, Steve Moore organized a new company called Barton Corporation. On the last day of that month, the company's records showed
On February 1, 2014, Steve Moore organized a new company called Barton Corporation. On the last day of that month, the company's records showed the items listed below. Use t February income statement and statement of changes in equity as well as the balance sheet at February 28 for Barton Corporation. Balance a) Complete the income statement using the format provided. Account Accounts payable 29,500 Commissions eamed 228,000 (select one) Income Statement Consulting revenue eamed 238,000 (select one) Dividends 12,500 Equipment 138,500 Revenues XConsulting revenue eamed 238,000 Interest expense 16,500 Interest payable 13,000 Land 157,000 Notes receivable 86,000 XCommissions eamed Total revenues Expenses X Interest expense 228,000 466,000 16,500 Office salaries expense 132,500 Total expenses Property taxes payable 12,500 Share capital 105,000 Short-term notes payable 76,500 Store supplies expense 56,500 Utilities expense 103,000 b) Complete the statement of changes in equity using the format provided. (select one) Statement of Changes in Equity (select one) Complete the Balance Sheet Share Retained Total Capital Earnings Equity
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