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Required informstion [The following information applics to the questions displayed berow] Alson and Chuck Renny began aperations of theit furnture repair shop (Lazy. Sofa Furniture,

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Required informstion [The following information applics to the questions displayed berow] Alson and Chuck Renny began aperations of theit furnture repair shop (Lazy. Sofa Furniture, Incorporated) on January 1. 2020. The annual reporting petiod ends December 31 . The tral balance on January 1,2021 , follows famounts are rounded to thousands of dollars to simpity) Transactions during 2021 (summarced in thousands of dollsts) follow a. Borrowed $25 cash on July 1, 2021, signing a six-month note payable b. Purchased equipment for $22 castion July 2 c. Issued additional shares of common stock on July 3 for $4 of Purchased additional equipment on August 4,$4 cash. c. Purchased, on account, supplies on September 5 for future use, $9 f On December 6 , recorded revenues in the amount of $68, including $8 on credit and $60 received in cash 9 Paid salaries and wages expenses on December 7,539 1. Collected accounts receivable on December 8,57 . 1. Paid accounts payable on December 9,510 1. Received a 54 deposit on December 10 for work to start Januaty 15,2022 Data for adjusting foumal entries on December 31 k. Amortizabon for 2021, $4 I Supplies of 55 were counted on December 31,2021 m. Depreciabon for 2021, 51 n. Accrued interest on notes payable of 51 . o Salaries and wages eamed but not yet paid, 52 p. Income tax for 2021 was $3 and will be paid in 2022 Required: 6-a. Prepare an income statement. 6-b. Prepare statement of retained earnings. 6-c. Prepare a balance sheet. Complete this question by entering your answers in the tabs below. Prepare an income statement. (Enter your answers in thousands of dollars.) Required: 6-a. Prepare an income statement. 6-b. Prepare statement of retained earnings. 6-c. Prepare a balance sheet Complete this question by entering your answers in the tabs below. Prepare statement of retained earnings. (Enter your-answers in thousands of dollars.) Required: 6.a. Prepare an income statement 6-b. Prepare statement of retained earnings. 6-c. Prepare a balance sheet Complete this question by entering your answers in the tabs below

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