Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021)...

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Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) $ 45,000 22,800 103,500 102,800 Common Stock 180,500 Dividends Equipment 0 136,700 Income Tax Expense 10,100 Interest Expense Inventory Notes Payable 29,500 17,200 23,600 Office Expense 14,300 Prepaid Rent 7,000 Retained Earnings (beginning) 6,300 Salaries and Wages Expense 35,700 Service Revenue 137,800 Utilities Expense 25,100 Salaries and Wages Payable 8,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 21,000 23,500 11,000 41,000 83,200 137,000 3. Prepare a balance sheet for 2021. NICE BITE, Incorporated Balance Sheet Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) $ 45,000 22,800 103,500 102,800 Common Stock 180,500 Dividends Equipment 0 136,700 Income Tax Expense 10,100 Interest Expense Inventory Notes Payable 29,500 17,200 23,600 Office Expense 14,300 Prepaid Rent 7,000 Retained Earnings (beginning) 6,300 Salaries and Wages Expense 35,700 Service Revenue 137,800 Utilities Expense 25,100 Salaries and Wages Payable 8,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 21,000 23,500 11,000 41,000 83,200 137,000 3. Prepare a balance sheet for 2021. NICE BITE, Incorporated Balance Sheet