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These Financial Statement Items Are for Rugen Company at Year-End

Question 15

Essay

These financial statement items are for Rugen Company at year-end, July 31, 2018. These financial statement items are for Rugen Company at year-end, July 31, 2018. Instructions (a) Prepare an income statement and a retained earnings statement for the year. Stockholders not make any new investments during the year. (b) Prepare a classified balance sheet at July 31.
Instructions
(a) Prepare an income statement and a retained earnings statement for the year. Stockholders not make any new investments during the year.
(b) Prepare a classified balance sheet at July 31.

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