Calculator The accountant for Flaoger Company prepared the following list of accounting equation element balances...
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Calculator The accountant for Flaoger Company prepared the following list of accounting equation element balances from the d the following list of accounting equation element balances from the company's records for the year ended December 31 Fees earned Accounts receivable Equipment $165,000 Cash 14,000 Selling expenses 42,000 Flagger, capital 12,000 Interest income 40,000 Rent expense $30,000 44,000 36,000 3,000 51,000 2,000 18,000 Accounts payable Salaries and wages expense Income taxes payable 5,000 Prepaid rent Notes payable 20,000 Income taxes expense Prepare an Income Statement for Flagger Company in good form Flagger Company Income Statement Revenues
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