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12. Use the following information for Bobert's Breakfasts Incorporated (BBI) on February 31, 2020 to complete: a) A statement of Retained Earnings b) A Partial

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12. Use the following information for Bobert's Breakfasts Incorporated (BBI) on February 31, 2020 to complete: a) A statement of Retained Earnings b) A Partial Balance Sheet showing the shareholder's equity section only. Opening Retained Earnings (Already Including re-acquisition of shares) $700 000 Net Income $150 000 Dividend $120 000 Share Capital Use Values from Question 11 INCLUDING THE RE-ACQUISITION a) Statement of Retained Earnings (4C) b) Partial Balance Sheet: Shareholder's Equity(5C) Formatting example: Note, do NOT copy and paste from another format. It does not work well. Income Statement Boberts Breakfasts Incorporated Feb 31 2020 Revenue 40,000 -COGS (20,000) Gross Profit 20,000 etc Type your response here... a) Statement of Retained Earnings (4C) b) Partial Balance Sheet: Shareholder's Equity(5C)

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