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Presented here are the accounts of Dog Gone It Daycare for the year ended December 31, 2024. (Click the icon to view the accounts.) Land

Presented here are the accounts of Dog Gone It Daycare for the year ended December 31, 2024. (Click the icon to view the accounts.) Land

$4,000

Common Stock

$27,000

Notes Payable

30,000

Accounts Payable

12,000

Property Tax Expense

3,300

Accounts Receivable

1,700

Dividends

31,000

Advertising Expense

19,000

Rent Expense

16,000

Building

123,500

Salaries Expense

68,000

Cash

2,200

Salaries Payable

900

Equipment

16,000

Service Revenue

185,000

Insurance Expense

2,600

Office Supplies

11,000

Interest Expense

7,600

Retained Earnings, Dec. 31, 2023

51,000

Read the requirements.

.

Prepare

Dog Gone It Daycare's

income statement for the year ended

December

31,

2024.

2.

Prepare the statement of retained earnings for the year ended

December

31,

2024.

3.

Prepare the balance sheet as of

December

31,

2024

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