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Business, 12.10.2020 14:01 esnyderquintero

Illustrate your understanding of how to use the adjusted trial balance to prepare a statement of retained earnings by completing the following sentence. In order to prepare the statement of retained earnings, the balance of the account balance as well as any debit balance in the account is transferred from the adjusted trial balance and is used along with the reported net income (loss) from the Income statement.

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