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WOULD LOVE IT IF YOU INCLUDE THE PLANTS ASSETS AND CURRENT ASSETS IN THE ANSWER. Below is the trial balance of Big Star Company on
WOULD LOVE IT IF YOU INCLUDE THE PLANTS ASSETS AND CURRENT ASSETS IN THE ANSWER.
Below is the trial balance of Big Star Company on December 31, 2018. The accounts are listed in alphabetical order and all accounts have normal balances Account Title: Accounts Payable Accounts Receivable Accum. Depr. - Bldngs Accum. Depr. - Equipment Advertising Expense Buildings Cash Common Stock Depreciation Expense Dividends Declared Equipment Insurance Expense Interest Expense Balance: 5,400 8,300 16,400 7,200 6,200 50,000 11,200 40,000 8,000 10,000 25,500 3,200 500 Account Title: Interest Payable Land Maintenance Revenue Notes Payable (25-year) Notes Payable (30-day) Prepaid Insurance Repair Revenue Retained Earnings Salaries Expense Salaries Payable Supplies Supplies Expense Unearned Repair Revenue Utilities Expense Balance: 120 8,000 35,000 20,000 1,200 1,400 32,000 11,980 28,000 1,300 6,900 4,600 2,400 1,200 REQUIRED: Prepare the financial statements for the year for Big Star Company--an income statement, a statement of retained earnings and a classified balance sheetStep by Step Solution
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