Essay
The following information is taken from the trial balance of GlaxonSmith Supplies Ltd. at December 31, 2021, the company's year end. GlaxonSmith has a 15% tax rate. 
Instructions
Prepare the income statement and statement of retained earnings for GlaxonSmith for the year ended December 31, 2021.
Correct Answer:
Verified
Correct Answer:
Verified
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