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Prepare the income statement for the year. Prepare the owner's equity statement for the year. Prepare the balance sheet at August 31. (List assets in

Prepare the income statement for the year. Prepare the owner's equity statement for the year. Prepare the balance sheet at August 31. (List assets in order of liquidity) Prepare the income statement for the year. Prepare the owner's equity statement for the year. Prepare the balance sheet at August 31. (List assets in order of liquidity)

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