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The assets, liabilities, and equities of Dundee Design Studio have the following balances at December 31, 2024. The Retained Earnings was $35,000 at the
The assets, liabilities, and equities of Dundee Design Studio have the following balances at December 31, 2024. The Retained Earnings was $35,000 at the beginning of the year. At year end, Common Stock was $15,000 and Dividends were $52,000. (Click the icon to view the account balances.) (Click the icon to view the income statement for the year.) (Click the icon to view the statement of retained earnings for the year ended December 31, 2024.) Prepare the balance sheet for Dundee Design Studio as of December 31, 2024. (If a box is not used in the table leave the box empty, do not select a label or enter a zero.) Assets Liabilities modocs example Get more help- Clear all Check answer Data table - X 24 ar Notes Payable 9,200 Office Furniture 55,900 ble Rent Expense 26,000 Utilities Expense 6,100 Cash 3,400 Accounts Payable 3,100 Office Supplies 4,500 Service Revenue 159,500 Salaries Expense 61,000 Accounts Receivable 6,500 Property Tax Expense 1,900 Miscellaneous Expense 4,500 Print Done K Reference Dundee Design Studio Statement of Retained Earnings Year Ended December 31, 2024 Retained Earnings, January 1, 2024 35,000 Net income for the year 60,000 95,000 Dividends (52,000) $ 43,000 Retained Earnings, December 31, 2024 Demodocs example Get more help Print Done X of 20 ber 31, 2 $52,000 for the y 24.) I in the ta Clear ali
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