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Use the below information to prepare the following statements for the year ended December 31,...

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Accounting

Use the below information to prepare the following statements for the year ended December 31, 2022: 1) Income Statement 2) Statement of Stockholders' Equity 3) Classified Balance Sheet Utilities Payable Cash Happiness Corporation Trial Balance December 31, 2022 Accumulated Depreciation, Office Furniture Prepaid Insurance Office Supplies Depreciation Expense, Office Furniture Advertising Expense Supplies Expense Store Equipment Merchandise Inventory Utilities Expense Automobiles Common Stock Depreciation Expense, Automobiles Accounts Payable Accumulated Depreciation, Store Equipment Salaries Expense Accounts Receivable Revenue Dividends 5,410,030 550,000 285,000 120,000 820,210 189,110 3,000,000 2,000,000 25,000 500,000 100,000 95,000 210,000 210,650 25,000 240,000 3,500,000 945,000 600,000 9,600,000
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Use the below information to prepare the following statements for the year ended December 31, 2022: 1) Income Statement 2) Statement of Stockholders' Equity 3) Classified Balance Sheet

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