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Required Information AP5-4 (Algo) Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO5-3 [The following informotion opplies to the questions
Required Information AP5-4 (Algo) Preparing Both an Income Statement and a Balance Sheet from a Trial Balance LO5-3 [The following informotion opplies to the questions disployed below.] Dynamite Sales (organized as a corporstion on September 1, 2022) has completed oll but the closing process in the occounting cycle for the second year ended August 31,2024 . Dynemite's trial bolence follows: AP5.4 Part a Required: Complete the financial statements as follows: a. Complete the classified (multiple-step) income statement for the reporting yeor ended August 31,2024 . Include income tax expense, dssuming o 25 percent tex rote. Note: Round your "Earnings per share" to 2 decimal places
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