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Required information [The following information applies to the questions displayed below.] Lamonte Company reports the following budgeted December 31 adjusted trial balance. Prepare the budgeted

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Required information [The following information applies to the questions displayed below.] Lamonte Company reports the following budgeted December 31 adjusted trial balance. Prepare the budgeted income statement for the current year ended December 31. Ignore income taxes. The ending year balance of Retained Earnings was $77,100 on December 31. Prepare Lamonte Company's budgeted balance sheet as of December 31

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