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These Financial Statement Items (In Thousands) Are for Chen Company

Question 120

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These financial statement items (in thousands) are for Chen Company at year-end, July 31, 2014. These financial statement items (in thousands) are for Chen Company at year-end, July 31, 2014. Instructions (a) Prepare an income statement and a retained earnings statement for the year. (b) Prepare a classified statement of financial position at July 31, 2014. Instructions
(a) Prepare an income statement and a retained earnings statement for the year.
(b) Prepare a classified statement of financial position at July 31, 2014.

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(a) CHEN COMPANY
Income Statem...

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