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Question 2 Not yet answered Marked out of 7.50 Rag Question Income Statement, Statement of Stockholders' Equity, and Balance Sheet Napolean Corporation started business
Question 2 Not yet answered Marked out of 7.50 Rag Question Income Statement, Statement of Stockholders' Equity, and Balance Sheet Napolean Corporation started business on January 1. The following information was compiled by Napolean's accountant on December 31: Sales Re Expenses $32.000 Equipment, net $28.000 20,000 Building, net 59,000 Dividends 1.000 Accounts Payable Cash 3.250 Notes Payable Aunts Recea Intary 2.750 Common Stock 7,000 50.500 33.000 4500 stained Lamings eBook Required You have been asked to assist the accountant for the Napolean Corporation in preparing year-end financial statements. Use the above information to prepare an income statement, statement of stockholders' equity, and a balance sheet as of December 31. Do not use negative signs with your ariswers unless otherwise noted NAPOLEAN CORPORATION Income Statement For Year Ended December 31 Pod 92F Sunny 1:15 PM 9/4/2022
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