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Life Photography works weddings and prom-type parties. The balance of retained earnings was $14,000 at Decamber 31, 2017. At December 31, 2018, the business's accounting
Life Photography works weddings and prom-type parties. The balance of retained earnings was $14,000 at Decamber 31, 2017. At December 31, 2018, the business's accounting records show these balances: (Click the icon to view the accounts.) Prepare the following financial statements for Life Photography for the year ended December 31, 2018: a. Income statement. b. Statement of retained eanings. c. Balance sheet. a. Prepare Life Photography's income statement (If a box is not used in the table leave the box empty; do not select a label or enter a zero.)
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