The account balances of Strong Arms Coaching at June 30, 2025, follow: Requirements 1. Prepare the statement

Question:

The account balances of Strong Arms Coaching at June 30, 2025, follow: 


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Requirements 


1. Prepare the statement of retained earnings for Strong Arms Coaching for the month ending June 30, 2025. 


2. What does the statement of retained earnings report?

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