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On January 1, 2018 Fast Motors Inc., began business. The business had several transactions in its first year, which can be seen by clicking
On January 1, 2018 Fast Motors Inc., began business. The business had several transactions in its first year, which can be seen by clicking the icon below. (Click the icon to view the transactions.) Read the requirements. Requirement 1. Prepare Fast's income statement for the year ended December 31, 2018. Use the single-step format, with all revenues listed together and all expenses together. Revenue: Fast Motors, Inc. Income Statement Year Ended December 31, 2018 Expenses:
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