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Land $ 4,000 Common Stock $ 27,000 Accounts Payable Notes Payable Property Tax Expense Dividends 17,000 700 Accounts ReceivabPresented here are the accounts of Golden City Barbershop for the year ended December 31, 2018 Click the icon to view the accRequirement 1. Prepare Golden Citys Barbershops income statement. Golden City Barbershop Balance Sheet December 31, 2018Net IncomeRetained Earnings, Dec. 31, 2017 Retained Earnings, Dec. 31, 2018Requirement 3. Prepare the balance sheet. (If a box is not used in the table leave the box empty; do not select a label or enStockholders Equity

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1. Screenshot 1 is Income statement

Golden City Barbershop Income statement For the year ended 2018 Revenue 192000 Expense Property tax expense Rent Expense Sala

2. Retained earnings balance is $103,500

Golden City Barbershop For the year ended December 31, 2018 Retained Earnings December, 31, 2017 Add: Net income Less: Divide

3. Balance sheet as at 12/31/2018 shown below

Balance Sheet As at December 31, 2018 Assets Cash Accounts Receivables Supplies Land Building Equipment (In $) 2,400 700 7,00

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