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Financial Statemens Charles found some sample income statements and balance sheets on the Internet, and asked which of them might be most appropriate for a
Financial Statemens Charles found some sample income statements and balance sheets on the Internet, and asked which of them might be most appropriate for a manufacturing business like his. Review income statements A and B, and balance sheets C and D. Determine which income statement and balance sheet would be most appropriate for a manufacturing business like Able Baker Charlie Company. Income Statement A Sample Company A Income Statement For the Year Ended December 31, 2018 $42,000 Sales Finished goods inventory, January 1, 2048 Cost of goods manufactured $5,250 6,400 Cost of finished goods available for sale $11,650
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