Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes...
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Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Stark, Capital Services revenue $ 29,000 4,300 860 10,500 2,200 46,000 9, 300 3,600 132,800 110,000 Accumulated depreciation-Buildings $ 33,000 Accounts receivable 7,600 Utilities expense 3,100 Interest payable 820 Unearned revenue 1,700 Supplies expense 560 Buildings 220,000 Stark, Withdrawals 12,000 Depreciation expense-Buildings 11,000 Supplies 1,700 Prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31, and (3) balance sheet at December 31. The Stark, Capital account balance was $132,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement of Statement Owners Balance Sheet Equity Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement For Year Ended December 31 Expenses Total expenses 0 GA 0 Following are the accounts and balances from the adjusted trial balance of Stark Company. Notes payable Prepaid insurance Interest expense Accounts payable Wages payable Cash Wages expense Insurance expense Stark, Capital Services revenue $ 29,000 Accumulated depreciation-Buildings $ 33,000 4,300 Accounts receivable 7,600 860 Utilities expense 3, 100 10,500 Interest payable 820 2,200 Unearned revenue 1,700 46,000 Supplies expense 560 9,300 Buildings 220,000 3,600 Stark, Withdrawals 12,000 132, 800 Depreciation expense-Buildings 11,000 110,000 Supplies 1,700 Prepare the (1) income statement and (2) statement of owner's equity for the year ended December 31, an December 31. The Stark, Capital account balance was $132,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement of Statement Owners Balance Sheet Equity Prepare the statement of owner's equity for the year ended December 31. The Stark, Capital account balanc on December 31 of the prior year. STARK COMPANY Statement of Owner's Equity For Year Ended December 31 Stark, Capital, Dec. 31 prior year end Stark, Capital, Dec. 31 current year end $
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