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Question 11 (15 points) The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Title Debit Credit

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Question 11 (15 points) The following is the Easton Company adjusted Trial Balance. Easton Company Adjusted Trial Balance December 31, 2018 Account Title Debit Credit Cash $88,665 232,400 17,000 395,000 Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Capital Stock Retained Earnings $224,260 72,555 220,000 127,145 881,105 5,500 Service Revenue Interest Income 9,000 59,500 529,000 Dividends Rent Expense Wages Expense Supplies Expense Utilities Expense Depreciation Expense 42,000 8,000 150,000 Totals $1,530,565 $1,530,565 Use this information to prepare the Single-Step Income Statement for the fiscal year. There are additional lines in the formatted income statement form to allow for authorized alternate presentations

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