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Business, 28.01.2021 21:10 pareshrr

1. Prepare an income statement for the month ended December 31. 2. Prepare a statement of retained earnings for the month ended December 31. The retained earnings account balance at December 1 was $0. Hint: Use the net income calculated in part 1. 3. Prepare a balance sheet as of December 31. Hint: Use the ending retained earnings balance calculated in part 2.

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1. Prepare an income statement for the month ended December 31. 2. Prepare a statement of retained e...
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