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Required information The following information applies to the questions displayed below. The adjusted trial balance for Chiara Company as of December 31, 2017, follows. Debit

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Required information The following information applies to the questions displayed below. The adjusted trial balance for Chiara Company as of December 31, 2017, follows. Debit Credit $ 41,100 51,500 21,800 169,500 16,500 168,000 Cash Accounts receivable Interest receivable Notes receivable (due in 90 days) Office supplies Automobiles Accumulated depreciation-Automobiles Equipment Accumulated depreciation-Equipment Land $ 55,000 144,000 23,000 81,000 95,000 20,000 21,000 38,000 148,000 255,800 Accounts payable Interest payable Salaries payable Unearned fees Long-term notes payable R. Chiara, Capital R. Chiara, Withdrawals Fees earned 54,000 514,000 22,000 Interest earned Depreciation expense-Automobiles Depreciation expense-Equipment Salaries expense Wages expense Interest expense office supplies expense Advertising expense 26,500 22,500 187,000 41,000 37,400 33,600 64,000 32,400 $1,191,800 Repairs expense-Automobiles Totals $1,191,800 Required 1(a) Prepare the income statement for the year ended December 31, 2017 1(b) Prepare the statement of owner's equity for the year ended December 31, 2017 1(c) Prepare Chiara Company's balance sheet as of December 31, 2017 Complete this question by entering your answers in the tabs below Reg IA Req 1B Req 1C Chiara

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