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please complete entirely begin{tabular}{|l|r|r|} hline multicolumn{1}{|c|}{ Accounts } & multicolumn{1}{c|}{ Debits } & Credits hline Cash & 590,000 & hline Accounts Receivable &
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\begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Accounts } & \multicolumn{1}{c|}{ Debits } & Credits \\ \hline Cash & 590,000 & \\ \hline Accounts Receivable & 8,000 & \\ \hline Allowance for Uncollectible Accounts & & 300 \\ \hline Inventory & 3,000 & \\ \hline Deferred Revenue & & 500 \\ \hline Note payable & & 60,000 \\ \hline Common Stock & & 20,000 \\ \hline Retained Earnings & & 20,200 \\ \hline Totals & S101,000 & S101,000 \\ \hline \end{tabular} Prepare an income statement ( 9 points) and statement of stockholder's equity ( 4.5 points) for 2021 , as well as a classified balance sheet (14 points) as of December 31, 2021. \begin{tabular}{|l|r|r|} \hline \multicolumn{1}{|c|}{ Accounts } & \multicolumn{1}{c|}{ Debits } & Credits \\ \hline Cash & 590,000 & \\ \hline Accounts Receivable & 8,000 & \\ \hline Allowance for Uncollectible Accounts & & 300 \\ \hline Inventory & 3,000 & \\ \hline Deferred Revenue & & 500 \\ \hline Note payable & & 60,000 \\ \hline Common Stock & & 20,000 \\ \hline Retained Earnings & & 20,200 \\ \hline Totals & S101,000 & S101,000 \\ \hline \end{tabular} Prepare an income statement ( 9 points) and statement of stockholder's equity ( 4.5 points) for 2021 , as well as a classified balance sheet (14 points) as of December 31, 2021 Step by Step Solution
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