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LEARNING EXERCISES PART#1 EXERCISE 2: PREPARING THE STATEMENT OF INCOME At the end of December 31, 2012, Cougar Inc.'s accounts are as follows: Office salaries

LEARNING EXERCISES PART#1 EXERCISE 2: PREPARING THE STATEMENT OF INCOME At the end of December 31, 2012, Cougar Inc.'s accounts are as follows: Office salaries $30,000 Finance costs 3,000 Depreciation...

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