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please provide me with the answers that could 1- prepare income statement for the company for the year 2- prepare statement of owners equity 3-
please provide me with the answers that could
1- prepare income statement for the company for the year
2- prepare statement of owners equity
3- prepare balance sheet
Shown below in random order is a list of account balances from the General Ledger of Carter's Courier Services a_,t December 31, 2019. The business began operations one year before (on January 1, 2019) and at that time the owner, Jane Carter, contributed $110,000 cash: Land 39 78,000 Building 146,000 Advertising Expense 2,325 Supplies on Hand 695 Withdrawals, J. Carter 6,500 Service Fees Earned 155,400 Truck Repairs Expense 17,400 Mortgage Payable 139,500 Insurance Expense 7,000 REQUIRED: Trucks $ 119,350 Wages Expense 46,100 Utilities Expense 525 Supplies Expense 1,460 Cash 10,500 Accounts Payable 32,500 Capital, J. Carter 1 10,000 Wages Payable 5,255 Accounts Receivable 6,800 Prepare an Income Statement for the company for the year. Prepare a Statement of Owners Equity Prepare a Balance SheetStep by Step Solution
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