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The ledger of Skitch Corp. showed the following balances after adjustment on June 30, 2012, the end of the current fiscal year: The president of

The ledger of Skitch Corp. showed the following balances after adjustment on June 30, 2012, the end of the current fiscal year:

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The president of Skitch has asked you to develop a financial statement worksheet that includes a multi-step income statement (List all income and expenses), Statement of Stockholder's Equity, and a balance sheet. This worksheet will allow the financial statements to be prepared quickly by entering account balances in the appropriate cells on the worksheet. Use the information provided as input for your worksheet. Check figure: Total assets, $448,135.

Could you please show two versions? One with numbers and one with the formulas so I can see how the math is computed? Thank you!!!

Accounts payable Accounts receivable Accumulated depreciation equipment $ 55,600 General expenses 103,890 Interest expense 26,250 $112,350 6,750 46,335 10,125 Cash Common stock Salaries expense Dividends Equipment Notes payable 80,370 Prepaid insurance 300,000 Retained earnings, July 1, 621,450 2011 18,000 Sales 280,000 Advertising expense 943,500 138,750

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