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Prepare an Income Statement for an Adjusted Trail Balance The Century Company's adjusted trail balance contains the following balances as of December 31: Retained Earnings

Prepare an Income Statement for an Adjusted Trail Balance

The Century Company's adjusted trail balance contains the following balances as of December 31: Retained Earnings $8,500; Dividends $2,000, Sales $20,000; Cost of Good Sold $8,000; Selling and Administrative Expenes $3,000; Interest Expenes $1,5000; Prepare an income statment for the year.

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