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Financial Statements LO 3.6 LO 3.7 Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Required: Prepare the following 2019

image text in transcribedimage text in transcribed Financial Statements LO 3.6 LO 3.7 Carolyn Company has prepared the following alphabetical adjusted trial balance on December 31, 2019: Required: Prepare the following 2019 items in proper form for Carolyn: 1. the income statement 2. the retained earnings statement 3. the ending balance sheet (Hint: The Common Stock, Additional Paid-in Capital, and Retained Earnings accounts are summed to determine the total shareholders' equity.) 4. the closing entries in the general journal

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