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    Financial Accounting Tools Study Set 6
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    Exam 1: Introduction to Financial Statements
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    The Summaries of Data from the Balance Sheet, Income Statement
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The Summaries of Data from the Balance Sheet, Income Statement

Question 3

Question 3

Essay

The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Bates Corporation and Wilson Enterprises, are presented below for 2014. The summaries of data from the balance sheet, income statement, and retained earnings statement for two corporations, Bates Corporation and Wilson Enterprises, are presented below for 2014.   Instructions Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings. Instructions
Determine the missing amounts. Assume all changes in stockholders' equity are due to changes in retained earnings.

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