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Required information Use the following information for Quick Studies below. (Algo) [The following information applies to the questions displayed below.] The following is the adjusted

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Required information Use the following information for Quick Studies below. (Algo) [The following information applies to the questions displayed below.] The following is the adjusted trial balance of Sierra Company. Prepare an income statement for the year ended December 31. Prepare a statement of retained earnings for the year ended Decembe $13,500 on December 31 of the prior year

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