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BUTOANE 23 Merge D #2-4: Analyze the following adjusted Trial Balance for Remington Sales and prepare an Income Statement, Statement of Retained Earnings and Balance

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BUTOANE 23 Merge D #2-4: Analyze the following adjusted Trial Balance for Remington Sales and prepare an Income Statement, Statement of Retained Earnings and Balance Sheet in the spaces provided. (60 pts) Remington Sales Adjusted Trial Balance 12/31/2017 63,740 88,600 102,900 8,400 Cash Accounts Receivable Trucks Office Furniture Accounts Payable Notes Payable Capital Stock Retained Earnings, 2016 January 1 Dividends Sales Revenue Fuel Expense Salaries Expense Utilities Expense Rent Expense Supplies Expense Miscellaneous Expense 3,000 30,600 30,000 30,540 3 71,010 18,300 T 21,900 65,850 2,310 15,000 7 5,600 2,550 $465,150 $465,150 Prepare an Income Statement for 12/31/2017 using the Adjusted Trial Balance information above. Remington Sales Income Statement For year ended December 31, 2017 1 Net Income 24 #3: Prepare a statement of Retained Earnings for 12/31/2017 using the Adjusted Trial Balance Information and Income Statements on previous sheet. Remington Sales Statement of Retained Earnings For year ended December 31, 2017 Add: Retained Earnings, Dec. 31 #4: Prepare a Balance Sheet for 12/31/2017 using the Adjusted Trial Balance and Statement of Retained Earnings information. Remington Sales Balance Sheet Supply proper date entry Total Assets Liabilities & Equity Total Liabilities & Equity WIXO

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