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Required information [The following infometion applies to the questions alsplayed below.] MyBnB started s hame rentsl compsny on Jenuery 1. As of November 30, MyBrB

image text in transcribed Required information [The following infometion applies to the questions alsplayed below.] MyBnB started s hame rentsl compsny on Jenuery 1. As of November 30, MyBrB reported the fallawing bolances. The compony does nat yet hsve s belence in Reteined Esming: beceuse this is its firstyear of operstions so no net income has been reported in prior yesrs. Prepsre T-sccounts thst show the November 30 bslsnces sa December 1 beginning bslsnces snd then post the journel entries from ur snswer to recu'rement 3 to cslculste updsted December 31 bslances. Retained Esmings has s begining bslsnce of $0. Required information [The following infometion applies to the questions alsplayed below.] MyBnB started s hame rentsl compsny on Jenuery 1. As of November 30, MyBrB reported the fallawing bolances. The compony does nat yet hsve s belence in Reteined Esming: beceuse this is its firstyear of operstions so no net income has been reported in prior yesrs. Prepsre T-sccounts thst show the November 30 bslsnces sa December 1 beginning bslsnces snd then post the journel entries from ur snswer to recu'rement 3 to cslculste updsted December 31 bslances. Retained Esmings has s begining bslsnce of $0

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