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QUESTION 10 29 points Stone Supply Company, Inc. is using the accounts listed below to prepare its financial statements for its first year of operations,
QUESTION 10 29 points Stone Supply Company, Inc. is using the accounts listed below to prepare its financial statements for its first year of operations, which ended on September 30, 2020. (The requirement for this question is below the accounts.) The accounts, listed in alphabetical order, are as follows: Accounts Receivable $80,000 Accounts Payable 110,000 Accumulated Depreciation - Building 95,000 Accumulated Depreciation - Equipment 55,000 Advertising Expense 40,000 Building 200,000 Cash 100,000 Common Stock 240,000 Depreciation Expense - Building 95,000 Depreciation Expense - Equipment 55,000 Dividends 30,000 Equipment 140,000 Insurance Expense 40,000 Interest Expense 20,000 ANAAN Save All Answers Click Save and Submit to save and submit. Click Save All Answers to save all answers. Common Stock Depreciation Expense - Building Depreciation Expense - Equipment Dividends Equipment Insurance Expense Interest Expense Land Notes Payable - due in 6 years Office Supplies Office Supplies Expense Prepaid Insurance Salaries Expense Salaries Payable Service Revenue 240,000 95,000 55,000 30,000 140,000 40,000 20,000 150,000 180,000 70,000 60,000 10,000 200,000 20,000 590,000 Prepare Stone Supply Company's Classified Balance Sheet E - E - T- . Paragraph Arial 3 (120) XDOQE T' T, Save and
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