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1.
Income Statement: Income Statement is a financial statement that is prepared by all the companies by enumerating all the expenses and revenues to calculate the resulting difference of Net
Retained Earnings Statement: Retained Earnings Statement is the statement showing the balance of retained earnings left at the end of the period after including the net profit for the period and distributing the dividend to the shareholders.
To prepare: Income statement for the month ended November 30, 2018.
2.
To prepare: Statement of retained earnings for the month ended November 30, 2018.
3.
To prepare: A classified balance sheet as of November 30, 2018.
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Chapter 4 Solutions
Horngren's Financial & Managerial Accounting Plus MyLab Accounting with Pearson eText -- Access Card Package (6th Edition)
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