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During the Current Year, Austin Enterprise Shareholders Invested $8,000 in the Business

Question 155

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During the current year, Austin Enterprise shareholders invested $8,000 in the business. Based on the following end-of-year spreadsheet, prepare an income statement for Austin Enterprises for the year ended December 31. During the current year, Austin Enterprise shareholders invested $8,000 in the business. Based on the following end-of-year spreadsheet, prepare an income statement for Austin Enterprises for the year ended December 31.

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