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Question 6: The following account balances were taken from the financial statements of HDP, Inc. as of December 31, 2022. Accounts Payable Accounts Receivable
Question 6: The following account balances were taken from the financial statements of HDP, Inc. as of December 31, 2022. Accounts Payable Accounts Receivable Accumulated Depreciation - Equipment Advertising Expense Cash Common Stock Dividends Equipment Land $ 34,000 Notes Payable due in 2025 $ 62,000 39,000 Prepaid Insurance 3,500 8,000 Rent Revenue 5,000 10,100 Retained Earnings, 1/1/22 180,000 68.200 Salaries & Wages Expense 23.900 69,000 Service Revenue 115,400 8,900 Supplies 30,250 134,000 Unearned Revenue 19,900 163,650 Utilities Expense 11.800 Calculate the below totals/amounts based on the above account balances. Revenues Expenses Net Income Retained Earnings 12/31/2022 Please show your work/calculations in the space below: Current Assets Property, Plant & Equipment Current Liabilities Long Term Liabilities
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