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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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