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    Financial Accounting Study Set 25
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    Exam 4: Completing the Accounting Cycle
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    The Following Items Were Taken from the Financial Statements Wyatt
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The Following Items Were Taken from the Financial Statements Wyatt

Question 2

Question 2

Essay

The following items were taken from the financial statements Wyatt Company. (All dollars are in thousands.)
The following items were taken from the financial statements Wyatt Company. (All dollars are in thousands.)     2018 net income was 1,000 and dividends paid were $700. Instructions Prepare a classified balance sheet in good form as of December 31, 2018.
2018 net income was 1,000 and dividends paid were $700.
Instructions
Prepare a classified balance sheet in good form as of December 31, 2018.

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