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Prepare statements--balance sheet, income statement, statement of retained earnings, and statement of cash flows using the direct method--complete with footnotes. Round to nearest dollar on
Prepare statements--balance sheet, income statement, statement of retained earnings, and statement of cash flows using the direct method--complete with footnotes. Round to nearest dollar on all statements. General: Use a system of four specialized journals and a general journal. Use a three-column account form: debit, credit, and balance. Post to the subsidiary accounts and individual items in journals as you go. Post column totals monthly
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