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words Presented here are the accounts of Jesse Daniel Lawn Service for the year ended December 31, 2024. The retained earnings account shows the $51,000
words Presented here are the accounts of Jesse Daniel Lawn Service for the year ended December 31, 2024. The retained earnings account shows the $51,000 balance as of the end of 2023, which is the beginning balance for 2024. Land $20,000 27,000 Common Stock Notes Payable Accounts Payable Supplies Expense Accounts Receivable Dividends IX English (United States) Advertising Expense Rent Expense Building 38,000 12,000 3,100 1,100 35,000 15,000 12,000 161,200 Salaries Expense Cash Salaries Payable Equipment Service Revenue +Requirements 1. Prepare Jesse Daniel Lawn Service's income statement for the year ended 12/31/2024 2. Prepare the statement of retained earnings for the year ended 12/31/2024 3. Prepare the balance sheet as of 12/31/2024 66,000 3,200 1,000 21,000 226,000 Insurance Expense Office Supplies Interest Expense Retained Earnings, 12/31/23 51,000 2,600 14,000 800
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