Stark company has the following adjusted accounts with normal balances at Its December 31 year- Notes payable Prepaid insurance. Interest expense $ 21,000 Accumulated depreciation-Buildings 3,500 Accounts receivable 700 Utilities expense 6,500 Interest payable 1,400 Unearned revenue 30,000 Supplies expense Accounts payable Wages payable Cash 8,500 Buildings Wages expense Insurance expense Common stock 2,800 Dividends Services revenue 20,000 Depreciation expense-Buildings 70,000 Supplies Retained earnings $ 25,000 6,000 2,300 500 1,300 400 140,000 8,000 7,000 1,300 64,800

Stark company has the following adjusted accounts with normal balances at Its December 31 year- Notes payable Prepaid insurance. Interest expense $ 21,000 Accumulated depreciation-Buildings 3,500 Accounts receivable 700 Utilities expense 6,500 Interest payable 1,400 Unearned revenue 30,000 Supplies expense Accounts payable Wages payable Cash 8,500 Buildings Wages expense Insurance expense Common stock 2,800 Dividends Services revenue 20,000 Depreciation expense-Buildings 70,000 Supplies Retained earnings $ 25,000 6,000 2,300 500 1,300 400 140,000 8,000 7,000 1,300 64,800

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Description: Please do not give solution in image format thanku Stark company has the following adjusted accounts with normal balances at Its December 31 year-end.$ 21,000 Accumulated depreciation-Buildings3,500 Accounts receivableTotalsNotes payablePrepaid insur

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter18: The Management Of Accounts Receivable And Inventories

Section: Chapter Questions

Problem 9P

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