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Stark company has the following adjusted account for Normal balances at its December 31 year end Notes payable 11,000 prepared insurance 2500 interest expense 500

Stark company has the following adjusted account for Normal balances at its December 31 year end

Notes payable 11,000

prepared insurance 2500

interest expense 500

Accounts Payable 1500

wages payable 400

Cash 10,000

wages expense 7500

insurance expense 1800

common stock 10,000

service Revenue 20,000

accumulated depreciation buildings 15,000

accounts receivable 4000

utilities expense 1300

interest payable 100

and earn revenue 800

supplies expense 200

buildings 40,000

dividends 3000

depreciation expense building 2000

supplies 800

retained earnings 14,800

  1. Prepare the income statement for the year ended December 31
  2. prepare the statement of routine earnings for the year ended December 31. And they retain earnings account balance was 14,800 on the December 31 of the prior year
  3. Prepare the balance sheet at December 31

PLEASE ANSWER ALL PARTS 1 2 AND 3 AS THIS IS ONE QUESTION

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A59 fx Prepare the balance sheet at December 31. B D E TI G H 59 Prepare the balance sheet at December 31. 60 61 (Formulas for any items to be subtracted must return negative values.) 62 63 64 STARK COMPANY Balance Sheet December 31 Assets 65 66 67 Cash 68 Prepaid insurance 69 Accounts receivable 70 71 Supplies 72 73 Total assets Liabilities 74 75 Unearned revenue 76 Interest payable 77 Notes payable 78 Accounts payable 79 Wages payable 80 Total liabilities Equity 81 82 Common stock 83 Retained earnings 84 Total equity 85 Total liabilities and equity 86 87

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