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These financial statement items are for Monty Company at year-end, July 31, 2019. Salaries and wages...

These financial statement items are for Monty Company at year-end, July 31, 2019.

Salaries and wages payable $ 2,500 Notes payable (long-term) $ 1,900
Salaries and wages expense 51,900 Cash 14,400
Utilities expense 22,000 Accounts receivable 10,700
Equipment 31,200 Accumulated depreciation-equipment 6,100
Accounts payable 5,000 Dividends 3,200
Service revenue 61,400 Depreciation expense 3,800
Rent revenue 9,000 Retained Earnings (beginning of the year) 21,200
Common Stock 30,100

Prepare an income statement for the year

Prepare a retained earnings statement for the year.

Prepare a classified balance sheet at July 31.

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