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4) Based on the following data for Checkmate Company, prepare a Statement of Retained Earnings and demonstrate that the accounting equation remains in balance after

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4) Based on the following data for Checkmate Company, prepare a Statement of Retained Earnings and demonstrate that the accounting equation remains in balance after the retained earnings account has been updated. (Assume that the company pays no dividends.) These amounts reflect balances at the end of 2020 , after adjustments, but before the calculation of income tax expense

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