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Required information Use the following information for Exercises 13-15 below. (Algo) [The following information applies to the questions displayed below.) Stark company has the following
Required information Use the following information for Exercises 13-15 below. (Algo) [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 $ 27,000 4,100 820 9,500 2,000 42,000 9,100 3,400 22,800 98,000 100,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense-Buildings Supplies $ 31,000 7,200 2,900 740 1,600 520 200,000 11,000 10,000 1,600 Exercise 3-14 (Algo) Preparing Financial Statements LO P5 Use the table of adjusted trial balance 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 $98,000 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Retained Earnings Balance Sheet
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