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Prepare an income statement and a retained earnings

XACC 280 E4-9 The adjusted trial balance for Apachi Company is presented in E4-8.

E4-9 The adjusted trial balance for Apachi Company is presented in E4-8.

Instructions

(a) Prepare an income statement and a retained earnings statement for the year. There were no issuances of common stock during the year.

(b) Prepare a classified balance sheet at July 31.

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Accounting Basics: Prepare an income statement and a retained earnings

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