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please provide full neat and clean answer asap Johnson Seed Farms has a December 31, 2020 year end. They use a perpetual inventory system and
please provide full neat and clean answer
Johnson Seed Farms has a December 31, 2020 year end. They use a perpetual inventory system and the following are account balances for December 31, 2020 (not in good form). All adjustments have been made except for the retained earnings cloning entry of Dr CH tion Accounts Payable 3,345 Accounts 22,450 receivable Accumulated 370,350 Depreciation - Building Accumulated Depreciation - 721,230 Equipment Accumulated Depreciation - 164,160 Vehicles Bank 9,860 Indebtedness Bank Loan 125,000 Payable 1,234,500 645,700 131,140 133,570 98,760 65,500 15,450 Buildings Cash Cost of Goods Sold Depreciation Expense Equipment Freight Out Income Tax Expense Income Taxes Payable Inventory Land Other Operating Expenses Common Shares Prepaid Items Retained Earnings 123,450 750,500 196,450 500,000 78,350 632,985 1,050,560 55,550 Salaries & Benefits Salaries Payable Sales Sales Returns and Allowances Vehicles 2,456,800 67,800 456,000 Please produce a Multi-step Income Statement for Johnson Seed Farms. 7 B asap
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