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Required Wallaby Inc began operations on February 1 . After its second month, Wallaby Inc's accounting systern showed the dividends were dociared and no additional
Required Wallaby Inc began operations on February 1 . After its second month, Wallaby Inc's accounting systern showed the dividends were dociared and no additional shares were issued Complete the income statement, statement of stockholders' equity, and balance sheel and answer the following questions a) What is the Net income (Loss) for the month of March b) What is the ending balance of the Relained Earnings account at the end of the month of March c) What is the arnount of total assets as of March 31 d) What is the amount of total equity as of March 31 e) Do total assots equal the sum of the fotal inabitities and total equity as of March 31 Required Wallaby Inc began operations on February 1 . After its second month, Wallaby Inc's accounting systern showed the dividends were dociared and no additional shares were issued Complete the income statement, statement of stockholders' equity, and balance sheel and answer the following questions a) What is the Net income (Loss) for the month of March b) What is the ending balance of the Relained Earnings account at the end of the month of March c) What is the arnount of total assets as of March 31 d) What is the amount of total equity as of March 31 e) Do total assots equal the sum of the fotal inabitities and total equity as of March 31
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