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Prepare a multiple-step income statement, statement of retained earnings, and a classified balance shwet for the year ended December 31, 2019. The following account balances

Prepare a multiple-step income statement, statement of retained earnings, and a classified balance shwet for the year ended December 31, 2019. image text in transcribed
The following account balances (except for retained earnings) are available for Ross Company at December 31, 2019. Accounts Payable Accounts Receivable $17,.200 Interest Revenue $4,100 4,800 39,200 Interest Payable Accumulated Depreciation (Equip) Cash Common stock (20,000 shares) Cost of Goods Sold Depreciation Expense (Equip)12,450 Dividends 6,100 160,000 100,000 Prepaid Rent (3 months)27,300 42,300 Inventory 210,000 Rent Expense Retained Earnings (1/1/2019) 48,200 431,100 6,300 Sales Revenue 270,800 Supplies 2,700 Supplies Expense 5,950 36,900 36,100 12,500 Equipment Income Taxes Expense Income Taxes Payable1,100 Wages Expense Interest Expense 21,300 Wages Payable Prepare a multiple-step Income Statement, Statement of Retained Earnings, and a classified Balance Sheet for the year ended December 31, 2019

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