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The following accounts (in dollars) are from the accounting records of Jasmyn Industries and reflect account balances for the fiscal year that ended on December

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The following accounts (in dollars) are from the accounting records of Jasmyn Industries and reflect account balances for the fiscal year that ended on December 30, 20XX. Choose the appropriate accounts from the list and develop a Balance Sheet Statement and an Income Statement. Paid-in capital Gross revenue Equipment Accounts receivable Merchandise inventory Income tax expense Cash Notes payable (long term) Interest expense Depreciation expense Accumulated depreciation Rent expense Sales discounts Land Cost of goods sold Retained earnings (1/1/20XX) Accounts payable Dividends 30,000 675,000 21,500 60,400 224,500 85,000 51,700.40 75,600 10,450 3,149.60 13,800 17,900 9,000 47,500 462,000 227,850.40 24,149.60 67,200 The following accounts (in dollars) are from the accounting records of Jasmyn Industries and reflect account balances for the fiscal year that ended on December 30, 20XX. Choose the appropriate accounts from the list and develop a Balance Sheet Statement and an Income Statement. Paid-in capital Gross revenue Equipment Accounts receivable Merchandise inventory Income tax expense Cash Notes payable (long term) Interest expense Depreciation expense Accumulated depreciation Rent expense Sales discounts Land Cost of goods sold Retained earnings (1/1/20XX) Accounts payable Dividends 30,000 675,000 21,500 60,400 224,500 85,000 51,700.40 75,600 10,450 3,149.60 13,800 17,900 9,000 47,500 462,000 227,850.40 24,149.60 67,200

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