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Prepare a multiple-step income statement, a statement of stockholders equity and a classified balance sheet for the year ended December 31,2019(in proper form) Do all
Prepare a multiple-step income statement, a statement of stockholders equity and a classified balance sheet for the year ended December 31,2019(in proper form)
Do all three tables asked for please!
Financial Statements These items are taken from the financial information of Jones, Inc. as of December 31, 2019: 11 Accounts Accounts Payable Accounts Receivable Accumulated Depreciation Cash Common Stock Cost of Goods Sold Dividends Equipment Insurance Expense Notes Payable (due in 2021) Prepaid Insurance Retained Earnings (beginning) Salaries Expense Salaries Payable Sales Sales Discounts Supplies Supplies Expense Utilities Expense Balances 2,500 4,000 4,000 20,000 10,000 40,000 1,000 15,000 10,000 6,000 1,500 14,000 30,000 1,000 105,000 5,000 2,000 2,000 12, 000 ps Additional Information: Common Stock Authorized shares - 100,000 Issued and outstanding shares at 12/31/19 - 10,000 . Par value - $1 per share 2,000 shares issued in 2019 Step by Step Solution
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