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a) prepare an income statement for year end December 31,2021 b)prepare the balance sheet for the year ended December 31,2021 On January 1, 2011, Ted

a) prepare an income statement for year end December 31,2021

b)prepare the balance sheet for the year ended December 31,2021

On January 1, 2011, Ted Thomas $30,000 in Thomas Repairs. During 2011 , Ted withdrew $17,000 for personal use. Thomas Repair's Collectibles reports the following balances on December 31, 2021

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