Atlas, Inc

Question 98

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Atlas, Inc. has the following assets, liabilities, revenues and expenses for the current year. The accounts are listed below in alphabetical order. The company has a December 31, 2012 year end.
Atlas, Inc. has the following assets, liabilities, revenues and expenses for the current year. The accounts are listed below in alphabetical order. The company has a December 31, 2012 year end. Beginning retained earnings was $120,000 and dividends were $5,000 for the year. Prepare the income statement, statement of retained earnings, and balance sheet for Atlas, Inc. for the current year. Beginning retained earnings was $120,000 and dividends were $5,000 for the year. Prepare the income statement, statement of retained earnings, and balance sheet for Atlas, Inc. for the current year.

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