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McMinn Retail, Inc., is a retailer that has engaged you to assist in the preparation of its financial statements at December 31, 2011. Following are
McMinn Retail, Inc., is a retailer that has engaged you to assist in the preparation of its financial statements at December 31, 2011. Following are the correct adjusted account balances, in alphabetical order, as of that date. Each balance is the normal balance for that account.
a. Prepare a statement of retained earnings for the year ending December 31, 2011.
Could you show me what the statement of retained earnings would be?
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