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Prepare an income statement and a retained earnings statement for August and a balance sheet at August 31, 2020. Use table E1.8. E1.8 (LO 4,5)

image text in transcribed Prepare an income statement and a retained earnings statement for August and a balance sheet at August 31, 2020. Use table E1.8.

E1.8 (LO 4,5) Writing An analysis of the transactions made by Foley \& Co., a certified public accounting firm, for the month of August is shown below. Each increase and decrease in stockholders' equity is explained

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