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The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Cash Accounts Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries
The December 31, 2024, adjusted trial balance for Badger Corporation is presented below. Cash Accounts Accounts Receivable Prepaid Rent Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Utilities Expense Interest Expense Totals: Required: Debit $20,000 Credit 185,000 5,000 37,000. 300,000 $19,000 18,000 407,000 27,000 47,000 5,000 47,000 335,000 74,000 535,000 5,000 $1,033,000 $1,033,000 1. Prepare an income statement for the year ended December 31, 2024. 2. Prepare a statement of stockholders' equity for the year ended December 31, 2024, assuming no common stock was issued durin 2024. 3. Prepare a classified balance sheet as of December 31, 2024. Complete this question by entering your answers in the tabs below. Stmt of Income Statement Stockholders Balance Sheet Equity Prepare an income statement for the year ended December 31, 2024.
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