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Neros Income Statement Data Using income statement data for Neros, prepare a December income statement dated December 3 1 . If Neros pays a cash

Neros Income Statement Data
Using income statement data for Neros, prepare a December income statement dated December 31.
If Neros pays a cash dividend to its sole stockholder to pay for a family vacation, how is this reported on the financial
statements?
If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements?
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Using income statement data for Neros, prepare a December income statement dated
December 31.
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