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Presented here are the accounts of Homelown Decor Company for the year ended December 31, 2018. Requirements Prepare Hormetown Decor Company's income statement. E
Presented here are the accounts of Homelown Decor Company for the year ended December 31, 2018. Requirements Prepare Hormetown Decor Company's income statement. E (Click the icon to view the accounts.) 1. 2. Prepare the statement of retained earnings. 3. Prepare the balance sheet. Requirement 1. Prepare Hometown Decor Company's income slatement. - X Data Table Land 13,000 Common Stock 28,000 Notes Payable 33,000 Accounts Payable 14,000 Property Tax Expense 2,800 Accounts Receivable 800 Dividends 36,000 Advertising Expense 17,000 Rent Expense 14,000 Building 170,400 Salaries Expense 67,000 Cash 2,800 Salaries Payable 1,300 Equipment 17,000 Service Revenue 225,000 Insurance Expense 1,700 Choose from any list or enter any number in the input fields and then click Check Answer. Office Supplies 8,000 Interest Expense 6,800 (? Retained Earnings, Dec. 31, 2017 2 parts remaining 56,000 P1-42A (book/static) E Question Help Presented here are the accounts of Hometown Decor Company for the year ended December 31 , 2018. Requirements 1. Prepare Hometown Decor Company's income statement. Prepare the statement of retained earnings. E(Click the icon to view the accounts.) 2. 3. Prepare the balance sheet. i Data Table Land 13,000 Common Stock S 28,000 Notes Payable 33,000 Accounts Payable 14,000 Property Tax Expense 2,800 Accounts Receivable 800 Dividends 36,000 Advertising Expense 17,000 Rent Expense 14,000 Building 170,400 Salaries Expense 67,000 Cash 2,800 Salaries Payable 1,300 Equipment 17,000 Net Income Service Revenue 225,000 Insurance Expense 1,700 Choose from any list or enter any number in the input fields and then click Check Answer. Office Supplies 8,000 Interest Expense 6.800 Retained Earnings, Dec. 31. 2017 56.000 2 parts remaining
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