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Specify how each of the following items would be reported in the financial statements of Cunnington Enterprises for its current fiscal year. Also specify the
Specify how each of the following items would be reported in the financial statements of Cunnington Enterprises for its current fiscal year. Also specify the amount that would appear on the statement. Some items may be reported on more than one financial statement. In these cases, specify the amount that would appear on each statement. (Leave any unused lines blank.) Income Statement (IS) Balance Sheet (BS) Change in Stockholders' Equity (SE). Stock that Cunnington Enterprises purchased for $640 during the year as a trading security had a market value of $655 at the year-end balance sheet date
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