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The 9 Flags Resort and Theme Park has provided you the following info for the year 2020: Cash $16,500 Accounts receivable 21,000 Accumulated depreciation-equipment 2,800
The 9 Flags Resort and Theme Park has provided you the following info for the year 2020: Cash $16,500 Accounts receivable 21,000 Accumulated depreciation-equipment 2,800 Notes payable 50,000 Accounts payable 16,000 Common stock 45,000 Cost of goods sold Depreciation expense Dividends Equipment 147,000 5,800 5,300 44,000 Interest expense 2,800 Patents 18,500 Advertising Expense 3,200 Retained earnings, January 1 16,000 26,200 [235,600 75,100 Salaries and wages expense Sales revenue Inventory Instructionz: Prepare the following statements in a proper format including headings and date too: 1. Income Statement 2. Retained Earnings Statement 3. "Classified" Balance Sheet
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