Service Revenue

Salaries Expense

Rent Expense

Utilities Expense

Interest Expense

Totals

$01$:$26$:$45$

Required:

Prepare an income statement for the year ended December $31,2024.$

Prepare a statement of stockholders' equity for the year ended December $31,2024,$ assuming no common stoc $2024.$

Prepare a classified balance sheet as of December $31,2024.$

Complete this question by entering your answers in the tabs below.

Income Statement

Prepare a statement of stockholders' equity for the year ended December $31,2024,$ assuming no common stock was during $2024.$

$\backslash$table$[[$A COMPANY$],[$Statement of Stockholders' Equity$],[$For the Year Ended December $31,2024],[,\backslash$table$[[$Common$],[$Stock$]],\backslash$table$[[$Retained$],[$Earnings$]],\backslash$table$[[$Total$],[$Stockholders$\text{'}],[$Equity$]]],[$Balance at January $1],[,,,],[$Balance at December $31,,,]]$

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