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[The following information applies to the questions displayed below The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented belov w.

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[The following information applies to the questions displayed below The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented belov w. Credit Debit $ 10.600 136,000 4,600 23.000 Accounts Cash Accounts Receivables Prepaid Rent Supplies Equipment 260,000 $ 121000 Accumulated Depreciation Accounts Payable 10.600 Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Eanings 9,600 3.600 26.000 160,000 46,000 360,000 Service Revenue 260,000 Salaries Expense Rent Expense Depreciation Expense Interest Expense 13.000 26,000 3,600 Totals $736,800 $736,800 7. value 4.00 points Required: 1. Prepare an income statement for the year ended December 31, 2018. FIGHTIN' BLUE HENS CORPORATION Income Statement For the Year Ended December 31, 2018 Expenses: Total expenses 2. Prepare a statement of stockholders' equity for the year ended December 31, 2018, assuming no common stock was issued during 2018 FIGHTIN BLUE HENS CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2018 Total Stockholders Equity Common Stock Retained Earnings Balance at January 1 Less: Dividends Balance at December 31 References Hints eBook & Resources Hint #1 Check my work 9. value 4.00 points 3. Prepare a ciassified balance sheet as of December 31, 2018. (Amounts to be deducted should be indicated by a minus sign) FIGHTIN' BLUE HENS CORPORATION Balance Sheet December 31, 2018 Assets Liabilities Total current assets Total ourrent iablities Total long-term liabilites Stockholders' Equity Total long-term assets Total assets Total stockholders' equity Total labilites and stockhoidens' equity

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