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Question four: the following balances of ledger accounts on December 31, 2018 after preparing the adjustments: Property, plant and equipment 80,000 Supplies 6,000 accounts receivable

Question four: the following balances of ledger accounts on December 31, 2018 after preparing the adjustments: Property, plant and equipment 80,000 Supplies 6,000 accounts receivable 30,000 cash 20,000 insurance expense 6000 salaries expense 7000 rent expense 4000 - accounts payable 15,000 notes payable 20,000 - service revenue 40,000 share capital 57,000 retained earnings 20,000 dividends 15,000 salaries payable 4000 prepaid insurance 3000 depreciation expense 5000 accumulated depreciation 20,000 Then prepare: -

Prepare the income statement. -

Prepare the retained earnings statement. -

prepare the balance sheet (statement of financial position).

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