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237 From the information given below, prepare a November income statement, a November statement of retained earnings, and a November 30 balance sheet. On November

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237 From the information given below, prepare a November income statement, a November statement of retained earnings, and a November 30 balance sheet. On November 1 of the current year, Victoria Garza began Garza Decor, Inc. with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts. Accounts $12,00 Office payable 0 furnishings $40,000 Accounts receivable 19,000 Dividends 6,000 Cash 21,200 Rent expense 9,600 Fees Salaries earned 34,000 expense 4.200 Notes payable 4,250 Telephone expense 250

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