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Business, 17.10.2019 02:00 math4863

Following is a list of financial statement items and amounts for vantage service as of 12/31/year 1, the end of its first year in operation. accounts receivable $ 40,500 accounts payable 30,500 cash 10,050 common stock 20,500 notes payable 10,100 equipment 50,250 sales revenue 102,500 fuel expense 10,050 rent expense 10,400 advertising expense 5,050 salaries and wages expense 20,500 retained earnings ? dividends 16,800 required: prepare the income statement for the year ended december 31, year 1. prepare the statement of retained earnings for the year ended december 31, year 1. prepare the balance sheet for the year ended december 31, year 1.

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Following is a list of financial statement items and amounts for vantage service as of 12/31/year 1,...
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