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Required a. The January 1, Year 2, general ledger account balances are shown in the folli-wing accounting equation. Record the eight events. the appropriate general
Required a. The January 1, Year 2, general ledger account balances are shown in the folli-wing accounting equation. Record the eight events. the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example. b-1. Prepare an income statement for the Year 2 accounting period. b-2. Prepare a statement of changes in equity for the Year 2 accounting period. b-3. Prepare a year-end balance sheet for the Year 2 accounting period. b-4. Prepare a statement of cash flows for the Year 2 accounting period. c-1. Determine the percentage of assets that were provided by retained earnings. c-2. Can you determine the cash in retained earnings? Complete this question by entering your answers in the tabs below. Determine the percentage of assets that were provided by retained earnings. Note: Round your percentage answer to 1 decimal place. Required a. The January 1, Year 2, general ledger account balances are shown in the folli-wing accounting equation. Record the eight events. the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. The first event is shown as an example. b-1. Prepare an income statement for the Year 2 accounting period. b-2. Prepare a statement of changes in equity for the Year 2 accounting period. b-3. Prepare a year-end balance sheet for the Year 2 accounting period. b-4. Prepare a statement of cash flows for the Year 2 accounting period. c-1. Determine the percentage of assets that were provided by retained earnings. c-2. Can you determine the cash in retained earnings? Complete this question by entering your answers in the tabs below. Determine the percentage of assets that were provided by retained earnings. Note: Round your percentage answer to 1 decimal place
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