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Please arrange these accounts into an income statement, a statement of retained earnings and a balance sheet. (10 points). The company name is DD, Inc.
Please arrange these accounts into an income statement, a statement of retained earnings and a balance sheet. (10 points). The company name is DD, Inc. and these are the balances as of December 31, 2020: $500,000 Accounts Payable Accounts Receivable Cash Operating Expenses Equipment Unearned Revenue Inventory Cost of Goods Sold Accumulated Depreciation Allowance for Doubtful Accounts Income Taxes $1,000 $21,000 $12,000 $200,000 $800,000 $2,000 $60,000 $600,000 $200.000 $1,000 $60,000 Bonds Payable Discount on Bonds Payable Retained Earnings (beg.) Dividends Gross Sales Common Stock APIC - Common Stock Sales Returns & Allowances Interest Expense Treasury Stock $50,000 $20,000 $1,005,000 $1,000 $60,000 $5,000 $20,000 $3,000
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