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Consider the unadjusted trial balance of Princess, Inc. at December 31, 2016, and the related month-end adjustment data. (Click the icon to view the month-end
Consider the unadjusted trial balance of Princess, Inc. at December 31, 2016, and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. a zero.) Review the adiusted trial balance completed in Requirement 1. Definition Definition Consider the unadjusted trial balance of Princess, Inc. at December 31,2016 , and the related month-end adjustment data. (Click the icon to view the month-end adjustment data.) Requirements 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Requirement 2. Prepare the single-step monthly income statement, the statement of retained earnings, and the classified balance sheet. Begin by preparing the income statement. (If a box is not used in the statement leave the box empty; do not select a label or enter a zero.)
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