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Thank you Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense
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Following are the accounts and balances (in random order) from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Vages payable Cash Vages expense Insurance expense Common stock Retained earnings Services revenue $ 18.000 3, 200 640 5.000 1. 100 24,000 8.200 2.500 15,600 51,200 55.000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Dividends Depreciation expense - Buildings Supplies $ 22,000 5, 400 2.000 380 1. 150 340 110.000 6,500 5,500 1,150 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 $51,200 on December 31 of the prior year, Complete this question by entering your answers in the tabs below. Income Statement of Statement Retained Balance Sheet Earnings 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 > Income Statement of Statement Retained Balance Sheet Earnings Prepare the statement of retained earnings for the year ended December 31. The Retained Earnings account balan $51,200 on December 31 of the prior year. STARK COMPANY Statement of Retained Earnings For Year Ended December 31 Retained earnings, Dec. 31 prior year end Retained earnings, Dec. 31 current year end Income Statement Balance Sheet > Statement Retained Balance Sheet Earnings Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets Total assets Liabilities Total liabilities Equity Total equity Total liabilities and equity Step by Step Solution
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