The Income Statement General Ledger for ABC Company The...

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3. The Income Statement General Ledger for ABC Company The following is the general ledger for ABC Company as of December 31, 20X1. Use this information to answer questions (1) through (4). ABC Company General Ledger As of December 31, 20X1 Amount Assets Cash $29,400 Accounts receivable 8,100 Supplies 4,900 Prepaid rent 20,200 Equipment (net) 63,800 Liabilities Accounts payable $ 6,300 Salaries payable 4,000 Interest payable 1,100 Utilities payable 3,700 Bonds payable 38,400 Stockholders' equity Common stock $60,900 Retained earnings 0

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