Question: Exercise 3-10 Preparing Financial Statements from a Trial Balance LO P6 Following are the accounts and balances from the adjusted trial balance of Stark Company



Exercise 3-10 Preparing Financial Statements from a Trial Balance LO P6 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 $ 11,000 2,500 500 1,500 400 10,000 7,500 1,800 24,880 20,000 Accumulated depreciation-Buildings Accounts receivable Utilities expense Interest payable Unearned revenue Supplies expense Buildings Stark, Withdrawals Depreciation expense-Buildings Supplies $ 15,000 4,000 1,300 100 800 200 40,000 3,000 2,000 809 Prepare the (1) income statement and (2) statement of owner's equity for Ve year ended December 31, and (3) balance sheet at December 31. The Stark, Capital account balance was $24,800 on December 31 of the prior year. Complete this question by entering your answers in the tabs below. Income Statement Statement of Owners Equity Balance Sheet Prepare the income statement for the year ended December 31. STARK COMPANY Income Statement Complete this question by entering your answers in the tabs below. Income Statement Statement of Owners Equity Balance Sheet Prepare the income statement for the year ended December 31 STARK COMPANY Income Statement For Year Ended December 31 Exponsos Total expenses Income Statement of Owners Equity > Complete this question by entering your answers in the tabs below. Income Statement Statement of Owners Equity Balance Sheet Prepare the statement of owner's equity for the year ended December 31. The Stark, Capital account balance was $24,800 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 Complete this question by entering your answers in the tabs below. Income Statement Statement of Balance Sheet Owners Equity Prepare the balance sheet at December 31. STARK COMPANY Balance Sheet December 31 Assets Total assets Liabilities
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