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! Required information [ The following information applies to the questions displayed below. ] Stark company has the following adjusted accounts with normal balances at

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Required information
[The following information applies to the questions displayed below.]
Stark company has the following adjusted accounts with normal balances at its December 31 year-end.
Notes payable
Prepaid insurance
Interest expense
Accounts payable
Wages payable
Cash
Wages expense
Insurance expense
Cammon stock
Services revenue
$11,000 Accumulated depreciation-Buildings
2,500 Accounts receivable
500 Utilities expense
1,500 Interest payable
400 Unearned revenue
10,000 Supplies expense
7,500 Buildings
1,800 Dividends
10,000 Depreciation expense-Buildings
20,000 Supplies
Retained earnings
$15,000
4,000
1,300
100
800200
40,000
3,000
2,000
800
14,800
Use the adjusted accounts for Stark Company to prepare the
(1) income statement and
(2) statement of retained earnings for the year ended December 31 and
(3) balance sheet at December 31.
The Retained Earnings account balance was $14,800 on December 31 of the prior year.
Complete this question by entering your answers in the tabs below.
Income
Statement of
Statement
Retained
Balance Sheet
Earnings
Prepare the income statement for the year ended December 31.
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