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Creative Dog Training was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) Acquired $71,000 cash
Creative Dog Training was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) Acquired $71,000 cash from the issuance of common stock; (2) earned cash revenues of $46,000; (3) paid cash expenses of $27,000; and (4) paid a $2,200 cash dividend to its stockholders. These were the only events that affected the company during Year 1.
Required: Prepare an income statement, statement of changes in stockholders equity, and a balance.
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Prepare a statement of changes in stockholders' equity date Complete this question by entering your an \begin{tabular}{|c|c|c|} \hline IncomeStatement & StatementofChanges & Balance Sheet \\ \hline \end{tabular} Prepare an income statement dated December 3 Prepare a balance sheet dated December 31 , Year 1 , for Creative Dog TrStep by Step Solution
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