Question: create a statement of stockholders' equity using the adjusted balances for the following information: UNADJUSTED Account Titles Debit Credit Cash 34 Accounts receivable 31 Prepaid

create a statement of stockholders' equity using the adjusted balances for the following information: UNADJUSTED Account Titles Debit Credit Cash 34 Accounts receivable 31 Prepaid insurance 26 Machinery 93 Accumulated depreciation Accounts payable 27 Wages payable Income taxes payable Common stock (9,000 shares) 9 Additional paid-in capital 73 Retained earnings 25 Revenues (not detailed) 141 Expenses (not detailed) 41 Totals 250 250 Other data not yet recorded at December 31 include Insurance expired during the current year, $11. Wages payable, $15. Depreciation expense for the current year, $17. Income tax expense, $10

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