! Required information Use the following information for Exercises 13-15 below. (Static) [The following information applies to the questions displayed below.) Stark company has the following adjusted accounts and balances at its December 31 year-end. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Common stock Retained earnings Services revenue $ 11,000 2,500 500 1,500 400 10,000 7,500 1,800 10,000 14,800 20,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 15,000 4,000 1,300 100 800 200 40,000 3,000 2.000 800 Exercise 3-14 (Static) Preparing Financial Statements LO P5 Use the table of adjusted trial balance accounts for Stark Company to prepare tht (1) income statement and (2) statement of re earnings for the year ended December 31 and (3) balance sheet at December 31. The Retained Earnings account balance was on December 31 of the prior year. Complete this question by entering your answers in the tabs below. CU13 IULICYCUI CIUCU VECCHIVCI JIU II VILC RICCI OLCLERICI J.NICU LURUS ULLUVIL WURDE Required information Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Earnings Balance Sheet Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses Income Statement Statement of Retained Earnings > 5 Saved Required information on December 31 of the prior year. of 3 Complete this question by entering your answers in the tabs below. Income Statement of Statement Retained Balance Sheet Earnings Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balance was $14,800 on December 31 of the prior year. Book Hint Print STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings. Dec 31 prior year end arences Retained earnings, Dec. 31 current year end
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